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What is the MOST important property that enables a lens to magnify an image?
Average Tax Rate
The percentage of total income that is paid as tax, calculated by dividing the total tax amount by the total income.
Marginal Tax Rate
The rate at which the next dollar of taxable income is taxed; refers to the percentage of tax applied to the last dollar earned.
Tax Base
The total amount of assets or income that can be taxed by a government, providing a source of revenue.
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