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  • 29-02-2024
  • Business
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Suppose a person has income of $100,000. If this person has a marginal tax rate of 20% on income over $20,000 and a zero tax rate on the first $20,000 of income, what is the person's average tax rate?
Group of answer choices

a. 16%
b. 20%
c. 30%
d. 4%

Respuesta :

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