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 874 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

nyrave

  • Member
  • Posts: 344
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

The Centers for Disease Control and Prevention has released reports detailing the deaths of infants (younger than 1 year of age) who died after being given cold and cough medications. This underscores the importance of educating parents that children younger than 2 years of age should never be given over-the-counter cold and cough medications without consulting their physicians.

Did you know?

The most destructive flu epidemic of all times in recorded history occurred in 1918, with approximately 20 million deaths worldwide.

Did you know?

The first documented use of surgical anesthesia in the United States was in Connecticut in 1844.

Did you know?

Many supplement containers do not even contain what their labels say. There are many documented reports of products containing much less, or more, that what is listed on their labels. They may also contain undisclosed prescription drugs and even contaminants.

Did you know?

The U.S. Pharmacopeia Medication Errors Reporting Program states that approximately 50% of all medication errors involve insulin.

Drugs and their effect table Drugs and their effect table
The posted octane rating in most high-altitude areas shows regular at 85 instead of the usual 87. The posted octane rating in most high-altitude areas shows regular at 85 instead of the usual 87.
How to solve rate problems leading to fractional equations (Question 1) How to solve rate problems leading to fractional equations (Question 1)
The level of future emissions is closely linked to the rate of population growth The level of future emissions is closely linked to the rate of population growth
Effect of an Exogenous Shift in Income Effect of an Exogenous Shift in Income
Seven bacteriophage deletion mutations (1 to 7 in the table below) are tested for their ability ... Seven bacteriophage deletion mutations (1 to 7 in the table below) are tested for their ability ...
Video: Bipolar Disorder

For a complete list of videos, visit our video library