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    Business
  3. Study Set
    Principles of Microeconomics
  4. Exam
    Exam 12: The Design of the Tax System.
  5. Question
    Table 12-5 -Refer to Table 12-5.What Is the Marginal Tax Rate for Marginal
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Table 12-5 -Refer to Table 12-5.What Is the Marginal Tax Rate for Marginal

Question 4

Question 4

Multiple Choice

Table 12-5
Table 12-5    -Refer to Table 12-5.What is the marginal tax rate for a person who makes $60,000? A)  20% B)  30% C)  40% D)  50%
-Refer to Table 12-5.What is the marginal tax rate for a person who makes $60,000?


A) 20%
B) 30%
C) 40%
D) 50%

Correct Answer:

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