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 255 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

marict

  • Member
  • Posts: 304
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

Did you know?

The term pharmacology is derived from the Greek words pharmakon("claim, medicine, poison, or remedy") and logos ("study").

Did you know?

The training of an anesthesiologist typically requires four years of college, 4 years of medical school, 1 year of internship, and 3 years of residency.

Did you know?

The calories found in one piece of cherry cheesecake could light a 60-watt light bulb for 1.5 hours.

Did you know?

Certain rare plants containing cyanide include apricot pits and a type of potato called cassava. Fortunately, only chronic or massive ingestion of any of these plants can lead to serious poisoning.

a) Avoid bending your spine from working with the table too low. b) Avoid hiking your shoulders from ... a) Avoid bending your spine from working with the table too low. b) Avoid hiking your shoulders from ...
Apply knee to chest stretch for posterior hip and leg muscles. Facing the table directly, place one ... Apply knee to chest stretch for posterior hip and leg muscles. Facing the table directly, place one ...
How to determine an exponential relation from a table of values How to determine an exponential relation from a table of values
Consider the production function ( ) 0.5 0.5 Y = AK L . Suppose both saving rate (s) and the ... Consider the production function ( ) 0.5 0.5 Y = AK L . Suppose both saving rate (s) and the ...
Look at Table 4.2.2. Consumers learn that the rubber ducks wear out batteries quickly. As a ... Look at Table 4.2.2. Consumers learn that the rubber ducks wear out batteries quickly. As a ...
table table
Video: Junction Types - Tight and Adherens Junctions

For a complete list of videos, visit our video library