Refer to the Personal Income Tax Schedule Given in the Table

Multiple Choice

Refer to the personal income tax schedule given in the table. If your taxable income is $8,000, your average tax rate is

A) 25 percent; your marginal rate on the last $2,000 is 25 percent.
B) 25 percent; your marginal rate on the last $2,000 is 40 percent.
C) 25 percent; your marginal rate on the last $2,000 cannot be determined from the information given.
D) 20 percent; your marginal rate on the last $2,000 is 30 percent.