Suppose Governor Meridias decides to initiate a state-level income tax.The first $50,000 of household income is tax-free, while any income above $50,000 is taxed at 10%.A household earning $50,000 has a marginal tax rate of ________ and an average tax rate of _.
A.10%; 10%
B.10%; 0%
C.0%; 0%
D.0%; 10%

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The Answer of Suppose Governor Meridias decides to initiate a state-level income tax.The first $50,000 of household income is tax-free, while any income above $50,000 is taxed at 10%.A household earning $50,000 has a marginal tax rate of ________ and an average tax rate of _.
A.10%; 10%
B.10%; 0%
C.0%; 0%
D.0%; 10%

Suppose Governor Meridias Decides to Initiate a State-Level Income Tax