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DrChapin Has Just Finished a Delicate Brain Operation

question 70

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Dr.Chapin has just finished a delicate brain operation.He turns to a group of interns and says,"She probably lost about 1000 ___________,but since she still has over 100 billion left,she should recover nicely." Dr.Chapin was most likely referring to

Distinguish between progressive, proportional, and regressive tax systems.
Understand the economic consequences of government borrowing.
Identify the main categories of federal spending and sources of tax revenue.
Describe the relationship between government fiscal policies and economic output.

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