Multiple Choice
If an individual earns an additional $200 and has to pay an additional $25 in income tax, his or her average tax rate is
A) 25 percent.
B) There is not enough information provided to answer this question.
C) 12.5 percent.
D) 2.5 percent.
E) 40 percent.
Correct Answer:
Verified
Correct Answer:
Verified
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