The Extent of the Deficits Seen After Brain Damage Are

question 5

Multiple Choice

The extent of the deficits seen after brain damage are determined in part by

• A) genetic factors.
• B) how one is functioning before the damage occurs.
• C) the drugs a person was on.
• D) chemical imbalances in the brain.

Explain the circular flow model and the role of federal government within it.

Define and provide examples of proprietary income.

Understand the effects of payroll taxes on workers and employers and the overall progressivity of the tax system.

Discuss the rationale and consequences of different taxation principles and types, including direct and indirect taxes.

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Definitions:

Government Purchases

Expenditures made by local, state, or federal government sectors on goods and services that directly absorb resources.

Net Exports

The difference between a country's total exports of goods and services and its total imports of goods and services; net exports can be a positive or negative value.

Gross Investment

A company’s total investment in plant, equipment, and inventory. Also, a nation’s plant, equipment, inventory, and residential housing investment.

Depreciation

The process of allocating the cost of a tangible asset over its useful life.