Macroeconomics (9th Edition)
Macroeconomics (9th Edition)
9th Edition
ISBN: 9780134167398
Author: Andrew B. Abel, Ben Bernanke, Dean Croushore
Publisher: PEARSON
Question
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Chapter 15, Problem 4NP

a.

To determine

To calculate: The average tax rate and the marginal tax rate of someone earning $16,000 and for someone earning $30,000

b.

To determine

To compute: The average tax rate and the marginal tax rate with revised data.

c.

To determine

To describe: If the changes in tax rate affect the labor supply of the person, for the person earning $16,000 and for the person earning $30,000 .

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