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  2. Topic
    Business
  3. Study Set
    Fundamentals of Taxation
  4. Exam
    Exam 1: Introduction to Taxation, the Income Tax Formula, and Form 1040EZ
  5. Question
    The Average Tax Rate Is the Total Tax Liability Divided
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The Average Tax Rate Is the Total Tax Liability Divided

Question 82

Question 82

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The average tax rate is the total tax liability divided by the taxable income.

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