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    Principles of Microeconomics Study Set 10
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    Exam 12: The Design of the Tax System
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    Table 12-5 -Refer to Table 12-5. What Is the Average Tax Rate
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Table 12-5 -Refer to Table 12-5. What Is the Average Tax Rate

Question 210

Question 210

Multiple Choice

Table 12-5 Table 12-5   -Refer to Table 12-5. What is the average tax rate for a person who makes $120,000? A) 25% B) 35% C) 45% D) 60%
-Refer to Table 12-5. What is the average tax rate for a person who makes $120,000?


A) 25%
B) 35%
C) 45%
D) 60%

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