This topic contains a solution. Click here to go to the answer

Author Question: What is the difference between marginal and average tax rates? Under what marginal and average tax ... (Read 66 times)

waynest

  • Hero Member
  • *****
  • Posts: 553
What is the difference between marginal and average tax rates? Under what marginal and average tax rate conditions would an income tax be progressive?
 
  What will be an ideal response?

Question 2

A bureau's total output is decided at the same time as its budget just as in the private sector.
 
  a. True b. False



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

mathjasmine

  • Sr. Member
  • ****
  • Posts: 312
Answer to Question 1

Marginal tax rates are the percentage of any additional income that will have to be paid in tax while average tax rates are the total amount of tax divided by income. If marginal tax rates are higher than average tax rates, the income tax is progressive.

Answer to Question 2

b




waynest

  • Member
  • Posts: 553
Reply 2 on: Jul 1, 2018
Gracias!


scottmt

  • Member
  • Posts: 322
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

Children of people with alcoholism are more inclined to drink alcohol or use hard drugs. In fact, they are 400 times more likely to use hard drugs than those who do not have a family history of alcohol addiction.

Did you know?

Human stomach acid is strong enough to dissolve small pieces of metal such as razor blades or staples.

Did you know?

To maintain good kidney function, you should drink at least 3 quarts of water daily. Water dilutes urine and helps prevent concentrations of salts and minerals that can lead to kidney stone formation. Chronic dehydration is a major contributor to the development of kidney stones.

Did you know?

Approximately one in three babies in the United States is now delivered by cesarean section. The number of cesarean sections in the United States has risen 46% since 1996.

Did you know?

Approximately 70% of expectant mothers report experiencing some symptoms of morning sickness during the first trimester of pregnancy.

For a complete list of videos, visit our video library