Which of the Following Statements Is Correct

question 181

Multiple Choice

Which of the following statements is correct?

• A)The average tax rate gauges the sacrifice made by a taxpayer, whereas the marginal tax rate gauges the distortion of taxes on consumer decisions.
• B)The marginal tax rate gauges the sacrifice made by a taxpayer, whereas the average tax rate gauges the distortion of taxes on consumer decisions.
• C)The average tax rate measures how much the tax system discourages people from working.
• D)The marginal tax rate measures total taxes paid divided by total income.

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