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Unit 3 Vocabulary

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Across
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The total amount of income you earn before taxes (2 words)
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The cost of what you give up when you choose an action (2 words)
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A person who takes the risk to start up and run a new business
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Failing to repay a loan
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An income or occupational tax paid to your city or county
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Someone with more experience than you who can give you advice and guidance
Down
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Pay based on a percentage of the cost of the products sold
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A type of income tax paid to the US Treasury to support US government programs
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150% of normal hourly rate for each hour worked beyond 40 per week (2 words)
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Allows you to put off making payments while you're in school, but the interest still accumulates (2 words)
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A type of income tax paid to your state government for state-funded programs
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Take-home pay, pay earned after deductions (2 words)