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Ch. 18 Vocabulary Crossword

1 2 3
6 7        

4.for the federal government, October 1st through the following September 30th
10.the belief that inflation occurs when too much money is chasing too few goods
11.a congressional decision that states the maximum amount of money the government should spend
13.the belief that lower taxes and fewer regulations will stimulate the economy
14.the belief that a combination of monetarism,lower federal spending, and supply-side economics will stimulate the economy
15.managing the economy by the use of tax and spending laws
1.the total of all goods and services produced in the economy during a given year
2.a claim for government funds that cannot be changed without violating the rights of the claimant
3.managing the economy by altering the supply of money and interest rates
5.automatic spending cuts
6.the belief the government must manage the economy by spending more money when in a recession and cutting spending when there is inflation
7.a document that states tax collections, spending levels, and the allocation of spending among purposes
8.the belief that government plans, such as wage and price controls or the direction of investment, can improve the economy
9.the total deficit from the first presidency down to the present
12.what occurs when the government in one year spends more money than it takes in from taxes

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