This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Average Tax Rate vs. Marginal Tax RateThe table shows income tax brackets for the country of ... (Read 133 times)

mimie

  • Full Member
  • ***
  • Posts: 138
on: Nov 23, 2022
Average Tax Rate vs. Marginal Tax Rate

The table shows income tax brackets for the country of Ficta.
Income Tax BracketsTax Rate
$0-$10,0009%
$10,001-$40,00012%
$40,001-$85,00018%
$85,001-$160,00032%
$160,001-$205,00033%
$205,001-$510,00038%
Over $510,00043%
What is the marginal tax rate for a person who earns $185,000 a year and has no deductions or exemptions? What is the average tax rate?
Please round your final answer to the nearest integer.
◦ 33%, 28%
◦ 1%, 21%
◦ 28%, 33%
◦ 21%, 1%
Macroeconomics ¦ Acemoglu, Laibson, List ¦ 3rd Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by mimie on Nov 23, 2022

gwisel

  • Full Member
  • ***
  • Posts: 154
Reply #1 on: Nov 23, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 25% of students answer this correctly


mimie

  • Member
  • Posts: 138
Reply 2 on: Nov 23, 2022
Wow, this really help

lkanara2

  • Member
  • Posts: 329
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Drying your hands with a paper towel will reduce the bacterial count on your hands by 45–60%.

Did you know?

Coca-Cola originally used coca leaves and caffeine from the African kola nut. It was advertised as a therapeutic agent and "pickerupper." Eventually, its formulation was changed, and the coca leaves were removed because of the effects of regulation on cocaine-related products.

Did you know?

The newest statin drug, rosuvastatin, has been called a superstatin because it appears to reduce LDL cholesterol to a greater degree than the other approved statin drugs.

Did you know?

Though methadone is often used to treat dependency on other opioids, the drug itself can be abused. Crushing or snorting methadone can achieve the opiate "rush" desired by addicts. Improper use such as these can lead to a dangerous dependency on methadone. This drug now accounts for nearly one-third of opioid-related deaths.

Did you know?

Limit intake of red meat and dairy products made with whole milk. Choose skim milk, low-fat or fat-free dairy products. Limit fried food. Use healthy oils when cooking.

How to solve rate problems leading to fractional equations (Question 1) How to solve rate problems leading to fractional equations (Question 1)
Income Distribution in the United States, 2009 Income Distribution in the United States, 2009
Income Inequality in the United States: 1947–2009 Income Inequality in the United States: 1947–2009
Average Years of Schooling versus GDP per Capita Average Years of Schooling versus GDP per Capita
8.The following table contains DNA-sequence information compiled by Marilyn Kozak (1987). The ... 8.The following table contains DNA-sequence information compiled by Marilyn Kozak (1987). The ...
Determine the nominal annual rate of interest of the following ordinary general annuity. Determine the nominal annual rate of interest of the following ordinary general annuity.
Video: Phases of an Action Potential - Resting Potential, Threshold, Rising, Falling, & Recovery Phases

For a complete list of videos, visit our video library