Refer to the Information Provided in Table 19

question 55

Multiple Choice

Refer to the information provided in Table 19.8 below to answer the question(s) that follow.
Table 19.8

-Related to the Economics in Practice on page 391: Refer to Table 19.8. If income increases from $60,000 to $80,000, the marginal tax rate is

• A) 5%.
• B) 20%.
• C) 35%.
• D) indeterminate from this information.

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