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Anne,who Is Single,has Taxable Income for the Current Year of $38,000

Question 31

Multiple Choice

Anne,who is single,has taxable income for the current year of $38,000 while total economic income is $43,000 resulting in a total tax of $5,429.Anne's average tax rate and effective tax rate are,respectively,


A) 14.29% and 12.63%.
B) 12.63% and 14.29%.
C) 12.63% and 14.08%.
D) 14.08% and 12.63%.

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