Refer to the information provided in Table 19.8 below to answer the question(s) that follow.
Table 19.8
$$\begin{array} { | c | c | }
\hline \text { Total Income } & \text { Total Taxes } \
\hline \$ 20,000 & \$ 2,000 \
\hline 40,000 & 4,800 \
\hline 60,000 & 9,000 \
\hline 80,000 & 16,000 \
\hline
\end{array}$$
-Related to the Economics in Practice on page 393: Refer to Table 19.8. The tax rate structure in this example is

Question

Refer to the information provided in Table 19.8 below to answer the question(s) that follow.
Table 19.8
 $$\begin{array} { | c | c | } 
\hline \text { Total Income } & \text { Total Taxes } \
\hline \$ 20,000 & \$ 2,000 \
\hline 40,000 & 4,800 \
\hline 60,000 & 9,000 \
\hline 80,000 & 16,000 \
\hline
\end{array}$$
-Related to the Economics in Practice on page 393: Refer to Table 19.8. The tax rate structure in this example is

Quizplus · Accepted Answer

The tax rate structure is progressive because as the total income increases, the total taxes paid also increase, indicating that higher income earners pay a higher percentage of their income in taxes.

Refer to the Information Provided in Table 19 -Related to the Economics in Practice on Page 393: Refer