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en
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progressive : type of tax in which you pay more tax when you're richer.
investment : measures the total spending by firms on capital equipment
cost push inflation : type of inflation arises when the cost of production to a nation's firm increases
lorenz curve : a graphical representation of a country's income distribution
relative poverty : the condition experienced by people in a country whose incomes are considerably lower than the higher income groups in the same country.
indirect tax : taxes paid by household an intermediary such as retail store.
absolute : type of poverty when one experienced the condition in which he/she cannot afford to acquire the basic necessities for a healthy and safe existence.
proportional : tax for which the percentage remains constant as income increases.
money : type of wealth that is widely accepted in exchange for goods and services.
discount rate: the rate charged by central banks when they make loans to big commercial banks.
recession : lack of business and consumer's confidence in which it leads to high unemployment.
flat : type of money that have less intrinsic value
central : a type of bank whose job is to print money
transaction : type of money demand that is used to fulfill daily needs.
asset demand : type of money demand in which people hold it physically to be kept as an asset.
contractionary : type of monetary policy that is used to reduce the supply of money [government encourages people to save money].
tight money policy : a policy that limits the borrowing of money from the bank [happens during inflation].
unequal income distribution : rich become richer, and poor become poorer because of industrilization disbenefit workers
free : type of market system in which most resources are controlled by private firms
controlled : type of market system in which most resources are controlled by government.
equity : fairness of income
equality : fair job opportunity
low income : possible causes of poverty
transfer payment : tax from the rich people that is given to the poor
regressive : poor people are charged more tax [type of tax]
Karl Marx : a socialist who believe that income is not important when your living is guaranteed by the government
Across:1. | fair job opportunity | 3. | type of inflation arises when the cost of production to a nation's firm increases | 8. | type of poverty when one experienced the condition in which he/she cannot afford to acquire the basic necessities for a healthy and safe existence. | 10. | taxes paid by household an intermediary such as retail store. | 12. | a type of bank whose job is to print money | 13. | the rate charged by central banks when they make loans to big commercial banks. |
| 16. | type of market system in which most resources are controlled by private firms | 17. | poor people are charged more tax [type of tax] | 18. | type of money that have less intrinsic value | 21. | type of monetary policy that is used to reduce the supply of money [government encourages people to save money]. | 22. | possible causes of poverty | 23. | type of money demand that is used to fulfill daily needs. |
| | Down:1. | fairness of income | 2. | rich become richer, and poor become poorer because of industrilization disbenefit workers | 4. | measures the total spending by firms on capital equipment | 5. | a policy that limits the borrowing of money from the bank [happens during inflation]. | 6. | a graphical representation of a country's income distribution | 7. | a socialist who believe that income is not important when your living is guaranteed by the government | 9. | tax from the rich people that is given to the poor |
| 11. | type of market system in which most resources are controlled by government. | 14. | the condition experienced by people in a country whose incomes are considerably lower than the higher income groups in the same country. | 15. | tax for which the percentage remains constant as income increases. | 17. | lack of business and consumer's confidence in which it leads to high unemployment. | 19. | type of wealth that is widely accepted in exchange for goods and services. | 20. | type of tax in which you pay more tax when you're richer. |
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© 2014
PuzzleFast.com, Noncommercial Use Only
Across:1. | fair job opportunity | 3. | type of inflation arises when the cost of production to a nation's firm increases | 8. | type of poverty when one experienced the condition in which he/she cannot afford to acquire the basic necessities for a healthy and safe existence. | 10. | taxes paid by household an intermediary such as retail store. | 12. | a type of bank whose job is to print money | 13. | the rate charged by central banks when they make loans to big commercial banks. |
| 16. | type of market system in which most resources are controlled by private firms | 17. | poor people are charged more tax [type of tax] | 18. | type of money that have less intrinsic value | 21. | type of monetary policy that is used to reduce the supply of money [government encourages people to save money]. | 22. | possible causes of poverty | 23. | type of money demand that is used to fulfill daily needs. |
| | Down:1. | fairness of income | 2. | rich become richer, and poor become poorer because of industrilization disbenefit workers | 4. | measures the total spending by firms on capital equipment | 5. | a policy that limits the borrowing of money from the bank [happens during inflation]. | 6. | a graphical representation of a country's income distribution | 7. | a socialist who believe that income is not important when your living is guaranteed by the government | 9. | tax from the rich people that is given to the poor |
| 11. | type of market system in which most resources are controlled by government. | 14. | the condition experienced by people in a country whose incomes are considerably lower than the higher income groups in the same country. | 15. | tax for which the percentage remains constant as income increases. | 17. | lack of business and consumer's confidence in which it leads to high unemployment. | 19. | type of wealth that is widely accepted in exchange for goods and services. | 20. | type of tax in which you pay more tax when you're richer. |
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© 2014
PuzzleFast.com, Noncommercial Use Only