Set the Line Spacing to "Single" and Spacing Before/After to zero. You'll
find these options on the Indents and Spacing tab of the Paragraph dialog
box (which you can display by clicking the dialog launcher button in the
Paragraph group on the Home tab of the ribbon).
On the other hand, if you are trying to set the defaults, press
Ctrl+Alt+Shift+S. Click the Manage Styles button. Click the Set Defaults tab
and set the desired options. If you want the setting for all new documents,
make sure to click the "New documents based on this template" option before
clicking OK.
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