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Refer to the Information Provided in Table 19 -Refer to Table 19

question 138

Multiple Choice

Refer to the information provided in Table 19.1 below to answer the question that follows.
Table 19.1  Total Income Total Taxes  Average Tax  Rate  Marginal Tax  Rate $5,000$7500.150.15$10,000$1,2000.120.09$15,000$1,5000.100.06$20,000$1,6000.080.0\begin{array} { c c c c } \text { Total Income} &\text { Total Taxes } & \begin{array} { c } \text { Average Tax } \\\text { Rate }\end{array} & \begin{array} { c } \text { Marginal Tax } \\\text { Rate }\end{array} \\\hline \$ 5,000 & \$ 750 & 0.15 & 0.15 \\\$ 10,000 & \$ 1,200 & 0.12 & 0.09 \\\$ 15,000 & \$ 1,500 & 0.10 & 0.06 \\\$ 20,000 & \$ 1,600 & 0.08 & 0.0 \\\hline\end{array}
-Refer to Table 19.1. The tax rate structure in this example is


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