One Country That Was Not an Original Member of the European

question 105

Multiple Choice

One country that was not an original member of the European Coal and Steel Community was

• A)France.
• B)Britain.
• C)West Germany.
• D)Italy.
• E)Belgium.

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Definitions:

Marginal Tax Rate

The percentage of tax applied to your income for each additional dollar of income.

Average Tax Rate

The proportion of total income that is paid in taxes, calculated by dividing the total taxes paid by the total income.

Income

Cash inflow, regularly obtained, as compensation for work or earnings from invested capital.

Average Tax Rate

The average tax rate is the proportion of total taxable income paid in taxes, calculated by dividing the total tax paid by the total income.