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  3. Study Set
    Economics Private and Public Choice Study Set 1
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    Exam 4: A : 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 8

Question 8

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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