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Macroeconomics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0077641559Macroeconomics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0077641559 Exercise 53
Circle the letter that corresponds to the best answer. Which would be the most accurate description of the top marginal tax rate of the federal income tax?
A) It is higher than it has ever been.
B) It is lower than it has ever been.
C) It is much lower than it was in 1980.
D) It is much higher than it was in 1980.
A) It is higher than it has ever been.
B) It is lower than it has ever been.
C) It is much lower than it was in 1980.
D) It is much higher than it was in 1980.
Explanation
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Verified
In 1980s, the tax rates, for high-income...
Macroeconomics 11th Edition by Stephen Slavin
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