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    Microeconomics Study Set 45
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    Exam 20: Public Finance: Expenditures and Taxes
  5. Question
    Refer to the Income Tax Schedule Given in the Table
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Refer to the Income Tax Schedule Given in the Table

Question 12

Question 12

Multiple Choice

  Refer to the income tax schedule given in the table. If your taxable income is $4,000, your average tax rate will be A) 30 percent. B) 15 percent. C) 10 percent. D) 20 percent. Refer to the income tax schedule given in the table. If your taxable income is $4,000, your average tax rate will be


A) 30 percent.
B) 15 percent.
C) 10 percent.
D) 20 percent.

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