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CHAPTER 3

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CHAPTER 3
 

Crossword Puzzle

CHAPTER 3Online version

ROLE OF GOVERNMENT

by arianniii
1

Government policy that involves changes in spending and taxation to influence the economy.

2

Type of budget where government revenue equals expenditure.

3

Money collected by the government from companies and individuals to fund public services.

4

Type of tax that can be passed on to another person, such as import duty

5

When government expenditure exceeds revenue, it’s called a ______ budget.

6

Main goal of fiscal policy is to achieve economic ________.

7

Type of tax that cannot be passed on to another person.

8

When government revenue is higher than expenditure.

9

Fiscal policy objective: achieving full ________ of resources.

10

Example of a direct control policy to reduce inflation: price ________.

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