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Chapter 9

Ashley Wooley

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fiscal policy income it collects
Deduction set of government spending
Gift tax economic doctrine
Keynesianism formal declaration
Excise taxes expenses exceed revenue
Revenue general rise in prices
Deficit procedures designed to regulate the economy
Resolution amounts government allows taxpayers to subtract
free enterprise amount have to be spent after accounting for financial obligations
Exemption levied on manufacture, sales, certain goods
Standard of living certificates issued by government
recession businesses can be conducted freely
Estate tax general of how well people are doing
Disposable income economic downturns
Customs duties amount of income government doesn't levy
Taxes placed on a deceased person
monetary policy central banking system
Bonds placed on transfer of certain gifts
Federal reserve system levied by federal government
inflation charges on individuals and businesses by government

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