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    Business
  3. Study Set
    Financial Management Principles and Applications
  4. Exam
    Exam 3: Understanding Financial Statements, taxes, and Cash Flows
  5. Question
    The Marginal Tax Rate Would Equal the Average Tax Rate
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The Marginal Tax Rate Would Equal the Average Tax Rate

Question 25

Question 25

True/False

The marginal tax rate would equal the average tax rate for firms with earnings less than $50,000.

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