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    Exam 4: Supply and Demand: Applications and Extensions
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    Use the Table Below to Choose the Correct Answer
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Use the Table Below to Choose the Correct Answer

Question 303

Question 303

Multiple Choice

Use the table below to choose the correct answer.
Use the table below to choose the correct answer.   The marginal tax rate on income in the $20,000 to $25,000 range is A)  10 percent. B)  12 percent. C)  20 percent. D)  30 percent.
The marginal tax rate on income in the $20,000 to $25,000 range is


A) 10 percent.
B) 12 percent.
C) 20 percent.
D) 30 percent.

Correct Answer:

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