Dotty,age 45,incurred the Following Medical Expenses This Year

question 46

Multiple Choice

Dotty,age 45,incurred the following medical expenses this year. Dotty's insurance company reimbursed her for $8,800 of these expenses.If Dotty's AGI is $35,400,compute her medical expense deduction.

• A)$0
• B)$1,320
• C)$10,120
• D)$13,660

Describe the relationship between government fiscal policies and economic output.

Understand the definition and characteristics of progressive, regressive, and proportional taxes.

Identify and describe the primary sources of federal revenue.

Differentiate between government purchases and transfer payments.

---

Definitions:

Morality

Principles concerning the distinction between right and wrong or good and bad behavior.

Personality

The unique combination of psychological traits that influence how an individual interacts with their environment.

Indiscriminately

Done without careful judgment or selective consideration, affecting or applying to many without distinction.

Continuing Desire

An ongoing longing or wish for someone or something, potentially driving motivation and actions.