5 How does the UK Government raise and spend money.

1. How income is ahred out across the country among the people (11, 2, 6, 0)
5. A compulsary payment to the government (3)
6. It's paid by millions on their wages and salaries. Aswell as on other types of income, including pensions, interest, profits of non-corporate businesses and divedends. (6, 3)
9. When the market (through demand and supply) fails to allocate resources in the best interests of society as a whole. (6, 7)
10. A tax on income or wealth (6, 5)

2. A tax on a specific range of goods. (8, 6)
3. A tax on the profits of companies (11, 3)
4. A tax which takes greater proportion of income from higher incomes, lower proportion from lower incomes. (11, 3)
7. An impact of an economic transaction on a party who is not directly involved. (Positive or negaetive impact) (13)
8. A tax on a wide range of goods - payable on all consumer durable goods and many non-durable goods and services (3)

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