Refer to the Information Provided in Table 19 -Relating to the Economics in Practice on Page 392: Refer
Refer to the information provided in Table 19.1 below to answer the questions that follow.
Table 19.1
-Relating to the Economics in Practice on page 392: Refer to Table 19.1. At an income level of $20,000, the average tax rate is
A) 1.2%.
B) 8.3%.
C) 12%.
D) 24%.
Correct Answer:
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