Multiple Choice
If an individual pays an additional $0.30 in taxes as a result of a $1.00 increase in income,then that individual must have a(n) __________ tax rate of 30 percent.
A) average
B) fixed
C) total
D) marginal
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q142: To finance a budget deficit the federal
Q143: The period that elapses between the passage
Q144: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6439/.jpg" alt=" -Refer to Exhibit
Q145: Taxable income rises by $2,500 and taxes
Q146: A federal budget surplus occurs when government
Q148: A structural deficit is the part of
Q149: With a progressive income tax,as taxable income
Q150: Some economists argue that a rise in
Q151: When the economy is in a recessionary
Q152: Crowding out suggests that<br>A) high taxes reduce