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If a Family Earned $10,000 And, as a Consequence, Sustained

Question 105

Multiple Choice

If a family earned $10,000 and, as a consequence, sustained a reduction of $4,000 in government benefits, the family's implicit marginal tax rate would be


A) 10 percent.
B) 40 percent.
C) 60 percent.
D) 75 percent.

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