| 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 |