Across
- 4. Individual or organization legally responsible for paying taxes to government.
- 8. Government spending on schools, universities, and worker training programs.
- 9. Financial shortfall occurring when government spending exceeds tax revenue.
- 11. Public authority providing services, raising revenue, and regulating markets.
- 13. Physical systems like roads and transport financed by government.
- 15. Accumulated total borrowing owed by the public sector over time.
- 16. State where household income is insufficient to meet basic needs.
Down
- 1. Regular income provided to individuals after retirement.
- 2. Compulsory payment to government without a direct equivalent service received.
- 3. Tax placed on imported goods crossing international borders.
- 5. Financial plan outlining expected government revenues and expenditures.
- 6. Public expenditure providing medical treatment and disease prevention services.
- 7. Financial penalty imposed by public authorities for legal infractions.
- 10. Rules and laws enforced by government to control economic behavior.
- 12. Public financial and social assistance provided to disadvantaged citizens.
- 14. Financial excess occurring when tax revenue exceeds government expenditure.