The Following Data Represent a Personal Income Tax Schedule

The following data represent a personal income tax schedule. Refer to the above table.If your taxable income is $8000,your average tax rate is:

A) 25 percent and the marginal rate on additional income is also 25 percent.
B) 25 percent and the marginal rate on additional income is 40 percent.
C) 25 percent and the marginal rate on additional income cannot be determined from the information given.
D) 20 percent and the marginal rate on additional income is 30 percent.
At $8000 of taxable income your average tax rate is 25 percent (i.e. ,$2000 tax paid/$8000 income) .