The average tax rate is: O equal to the marginal tax rate if the tax is progressive. O the total tax rate minus the marginal tax rate. O the ratio of total taxes paid to total taxable income. O the tax rate that applies to incremental dollars of income.

Survey Of Economics
10th Edition
ISBN:9781337111522
Author:Tucker, Irvin B.
Publisher:Tucker, Irvin B.
Chapter16: The Public Sector
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Problem 7SQP
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The average tax rate is:
O equal to the marginal tax rate if the tax is progressive.
O the total tax rate minus the marginal tax rate.
O the ratio of total taxes paid to total taxable income.
O the tax rate that applies to incremental dollars of income.
Transcribed Image Text:The average tax rate is: O equal to the marginal tax rate if the tax is progressive. O the total tax rate minus the marginal tax rate. O the ratio of total taxes paid to total taxable income. O the tax rate that applies to incremental dollars of income.
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