Use the Following to Answer Question

question 169

Multiple Choice

Use the following to answer question:
-(Table: Taxes,Spending,and Income) Use Table: Taxes,Spending,and Income.Suppose Governor Meridias initiates a tax of 10% on all income up to $50,000.Income above $50,000 is not taxed.An individual earning $75,000 will have a average tax rate of _____%.

• A)10
• B)0
• C)6.67

---

Definitions:

John Nash

A mathematician known for his work in game theory, contributing to the fields of economics, mathematics, and evolutionary biology.

Cognitive Factors

Elements that involve mental processes like perception, memory, problem-solving, and decision-making that influence behavior and emotion.

Seligman

A psychologist best known for his work on the theories of learned helplessness, positive psychology, and well-being.

Depression

A mental health disorder characterized by persistent feelings of sadness, loss, or anger that interfere with daily activities.