Refer to the following table to answer the next seven questions. P $10 D 30 30 Using the table, what is the average tax rate for someone who makes $77,000 per year? 13.0% 28.6% 17.2% 22.1% 19.4% Between now and 2050, the number of workers per Social Security beneficiary is predicted to be more than 5.. O less than 3 but more than 2. O less than 5 but more than 4. less than 2. less than 4 but more than 3.

Exploring Economics
8th Edition
ISBN:9781544336329
Author:Robert L. Sexton
Publisher:Robert L. Sexton
Chapter17: Income, Poverty, And Health Care
Section: Chapter Questions
Problem 28P
Question
Refer to the following table to answer the next seven questions.
P
$10
D
30
30
Using the table, what is the average tax rate for someone who makes $77,000 per year?
13.0%
28.6%
17.2%
22.1%
19.4%
Transcribed Image Text:Refer to the following table to answer the next seven questions. P $10 D 30 30 Using the table, what is the average tax rate for someone who makes $77,000 per year? 13.0% 28.6% 17.2% 22.1% 19.4%
Between now and 2050, the number of workers per Social Security beneficiary is predicted to be
more than 5..
O less than 3 but more than 2.
O less than 5 but more than 4.
less than 2.
less than 4 but more than 3.
Transcribed Image Text:Between now and 2050, the number of workers per Social Security beneficiary is predicted to be more than 5.. O less than 3 but more than 2. O less than 5 but more than 4. less than 2. less than 4 but more than 3.
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