Refer to the Information Provided in Table 19 -Related to the Economics in Practice on Page 393: Refer

question 254

Multiple Choice

Refer to the information provided in Table 19.8 below to answer the question(s) that follow.
Table 19.8
$$\begin{array} { | c | c | } \hline \text { Total Income } & \text { Total Taxes } \\\hline \$ 20,000 & \$ 2,000 \\\hline 40,000 & 4,800 \\\hline 60,000 & 9,000 \\\hline 80,000 & 16,000 \\\hline\end{array}$$
-Related to the Economics in Practice on page 393: Refer to Table 19.8. At an income level of $20,000, the average tax rate is

• A) 1%.
• B) 5%.
• C) 10%.
• D) 20%.

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Definitions:

Biology

The scientific study of life and living organisms, focusing on their structure, function, growth, origin, evolution, and distribution.

Environment

The surroundings or conditions in which a person, animal, or plant lives or operates.

Strengths and Weaknesses

Refers to the positive and negative attributes of an individual's personal qualities or aspects of a thing or concept.