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Economics - Coggle Diagram

- - - - the amount of an asset or resource that exceeds the portion that's actively utilized (there is more left over which can be spent)
    - - Deficit spending is the amount by which spending exceeds revenue over a particular period of time, also called simply deficit ( not having enough money to spend)
    - - breaking even on how much money the government spends and makes
    - - indirect
        
        An indirect tax is a tax that is levied upon goods and services before they reach the customer who ultimately pays the indirect tax as a part of market price of the good or service purchased
      - direct
        
        A direct tax is a tax that a person or organization pays directly to the entity that imposed it. An individual taxpayer, for example, pays direct taxes to the government for various purposes, including income tax, real property tax, personal property tax, or taxes on assets.