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    Microeconomics Study Set 2
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    Exam 18: Public Choice, Taxes, and the Distribution of Income
  5. Question
    An Average Tax Rate Is Calculated as
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An Average Tax Rate Is Calculated as

Question 255

Question 255

Multiple Choice

An average tax rate is calculated as


A) total taxable income × taxes paid.
B) total taxable income ÷ taxes paid.
C) taxes paid ÷ total taxable income.
D) (total taxable income - taxes paid) ÷ taxable income.

Correct Answer:

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