Refer to the information provided in Table 19.1 below to answer the questions that follow.
Table 19.1
$$\begin{array} { | c | c | }
\hline \text { Total Income } & \text { Total Taxes } \
\hline \$ 10,000 & \$ 1,000 \
\hline 20,000 & 2,400 \
\hline 30,000 & 4,500 \
\hline 40,000 & 8,000 \
\hline
\end{array}$$
-Relating to the Economics in Practice on page 392: Refer to Table 19.1. The tax rate structure in this example is

Question

Refer to the information provided in Table 19.1 below to answer the questions that follow.
Table 19.1
 $$\begin{array} { | c | c | } 
\hline \text { Total Income } & \text { Total Taxes } \
\hline \$ 10,000 & \$ 1,000 \
\hline 20,000 & 2,400 \
\hline 30,000 & 4,500 \
\hline 40,000 & 8,000 \
\hline
\end{array}$$
-Relating to the Economics in Practice on page 392: Refer to Table 19.1. The tax rate structure in this example is

Quizplus · Accepted Answer

The tax rate increases as income increases, which is a characteristic of a progressive tax rate structure.

Refer to the Information Provided in Table 19 -Relating to the Economics in Practice on Page 392: Refer