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Unit 3 Vocabulary

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