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    Microeconomics Study Set 2
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    Exam 18: Public Choice, Taxes, and the Distribution of Income
  5. Question
    What Is the Difference Between a Marginal Tax Rate and an Average
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What Is the Difference Between a Marginal Tax Rate and an Average

Question 150

Question 150

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What is the difference between a marginal tax rate and an average tax rate? Which is more important in determining the impact of the tax system on economic behavior?

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A marginal tax rate is the fraction of e...

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