Refer to Scenario 19.2 below to answer the question(s) that ...

[Diane]

Question 1

Refer to Scenario 19.2 below to answer the question(s) that follow.



SCENARIO 19.2: An individual earning $40,000 pays $3,200 in taxes. The marginal tax rate on any income earned above $40,000 is 20%.





Refer to Scenario 19.2. When this person earns $40,000, her average tax rate is

◦ 8%.
◦ 12.5%.
◦ 20%.
◦ indeterminate from this information.

Question 2

Refer to Scenario 19.2 below to answer the question(s) that follow.



SCENARIO 19.2: An individual earning $40,000 pays $3,200 in taxes. The marginal tax rate on any income earned above $40,000 is 20%.





Refer to Scenario 19.2. When this person earns $60,000, her tax payment would be

◦ $4,000.
◦ $7,200
◦ $12,000.
◦ indeterminate from this information.

[harveenkau8139]

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[Diane]

YES! Correct, THANKS for helping me on my review

[momolu]

Thanks for the timely response, appreciate it