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Author Question: Refer to Scenario 19.1 below to answer the question(s) that follow. SCENARIO 19.1: An individual ... (Read 37 times)

javeds

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on: Apr 19, 2019

Question 1

Refer to Scenario 19.1 below to answer the question(s) that follow. 


SCENARIO 19.1: An individual earning $60,000 pays $12,000 in taxes. The marginal tax rate on any income earned above $60,000 is 25%. 





Refer to Scenario 19.1. When this person earns $70,000, her average tax rate is


◦ 20.7%.
◦ 22.5%.
◦ 25%.
◦ indeterminate from this information.

Question 2

Refer to Scenario 19.1 below to answer the question(s) that follow. 


SCENARIO 19.1: An individual earning $60,000 pays $12,000 in taxes. The marginal tax rate on any income earned above $60,000 is 25%. 





Refer to Scenario 19.1. Suppose this person earns $70,000 and gives a $1,000 tax deductible donation to charity. The donation reduces her tax payment by


◦ $200.
◦ $207.
◦ $250.
◦ $1000.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by javeds on Apr 19, 2019

alexisweber49

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Reply #1 on: Apr 19, 2019
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.
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javeds

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Reply 2 on: Apr 19, 2019
Gracias!

coreycathey

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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