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Author Question: Refer to Scenario 19.2 below to answer the question(s) that follow. SCENARIO 19.2: An individual ... (Read 23 times)

mmm

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on: Apr 19, 2019

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 $60,000, her average tax rate is


◦ 12%.
◦ 14%.
◦ 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. Suppose this person earns $60,000 and gives a tax deductible donation of $1,000 to charity. The donation will reduce her tax payment by


◦ $80.
◦ $120.
◦ $200.
◦ $1,000.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by mmm on Apr 19, 2019

rleezy04

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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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mmm

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Reply #2 on: Apr 19, 2019
TY


rleezy04

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Reply #3 on: Apr 19, 2019
You're welcome


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