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    Microeconomics Study Set 2
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    Exam 18: Public Choice, Taxes, and the Distribution of Income
  5. Question
    A Marginal Tax Rate Is Calculated as
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A Marginal Tax Rate Is Calculated as

Question 40

Question 40

Multiple Choice

A marginal tax rate is calculated as


A) total taxable income ÷ by taxes paid.
B) taxes paid ÷ total taxable income.
C) change in taxes paid ÷ the change in total taxable income.
D) change in taxable income ÷ change in taxes paid.

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