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  3. Study Set
    Economics Principles and Policy Study Set 2
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    Exam 17: Taxation and Resource Allocation
  5. Question
    The Average Tax Rate Is
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The Average Tax Rate Is

Question 15

Question 15

Multiple Choice

The average tax rate is


A) the ratio of additional taxes to an additional dollar of income.
B) the ratio of taxes to income.
C) the ratio of taxes to GDP.
D) the ratio of income to direct taxes.

Correct Answer:

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