Use the Table for the Question(s)below

question 15

Multiple Choice

Use the table for the question(s) below.
Consider the following historical top federal tax rates in the United States:
Personal Tax Rates
-In 2005,assuming an average dividend payout ratio of 50%,the effective tax rate for equity holders was closest to:

• A)30%.
• B)55%.
• C)45%.
• D)50%.

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Definitions:

Affirmative Action

Policies or practices that are intended to increase opportunities for historically underrepresented groups within education or employment sectors.

Temporary Workers

Individuals employed for a limited period to fulfill short-term business needs, often without the expectation of long-term employment.

Labor Shortage

A situation where the demand for workers exceeds the supply within a particular industry or overall economy.

Revocability

The characteristic of being able to cancel, withdraw, or annul something previously granted or decided.