If the average tax rate is less than the marginal tax rate, the tax would be

Name: If the average tax rate is less than the marginal tax rate, the tax would be
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Question

Quizplus · Accepted Answer

When the average tax rate is less than the marginal tax rate, it indicates a progressive tax system. In such a system, the tax rate increases as the taxable amount increases, leading to higher earners paying a larger percentage of their income in taxes compared to lower earners.

If the Average Tax Rate Is Less Than the Marginal