Refer to the information provided in Table 19.4 below to answer the question(s) that follow.
Table 19.4

-Related to the Economics in Practice on page 391: Refer to Table 19.4. At an income level of $10,000, the average tax rate is

Question

Refer to the information provided in Table 19.4 below to answer the question(s) that follow.
Table 19.4
 
-Related to the Economics in Practice on page 391: Refer to Table 19.4. At an income level of $10,000, the average tax rate is

Quizplus · Accepted Answer

At an income level of $10,000, the total tax paid is $1,000, which is 10% of $10,000. Therefore, the average tax rate is 10%.

Refer to the Information Provided in Table 19