The average tax rate is
A) total taxes paid divided by total income.
B) the extra taxes paid on an additional rand of income.
C) the taxes paid by the marginal worker.
D) Total income divided by total taxes paid.
Correct Answer:
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Q18: In general, a tax raises the price
Q20: If a tax on a good is
Q21: Marginal tax is
A) the taxes paid by
Q22: An efficient tax
A) minimises the administrative burden
Q25: Suppose the government levies a tax of
Q25: An individual's tax total tax payments divided
Q27: Which of the following taxes can be
Q30: The appropriate tax rate to consider to
Q36: A tax is _ if it takes
Q38: A progressive tax system is one where
A)
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