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Sublight2097 Sublight2097
wrote...
Posts: 4132
8 years ago
What is meant by the marginal tax rate?
A) The highest rate that can be extracted.
B) The lowest rate that will still meet the government's revenue requirements.
C) The percentage of additional income that is taken by taxes.
D) The rate paid by businesses that are just barely able to survive.
Textbook 
The Economic Way of Thinking

The Economic Way of Thinking


Edition: 13th
Authors:
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SydnieSydnie
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Posts: 3807
8 years ago
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Sublight2097 Author
wrote...
8 years ago
I've noticed they use a lot of trickery with their questions. Thank you for your input.
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