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On a properly operating system, what is the state of the refrigerant as it enters the metering device?
Average Tax Rate
The proportion of total income that is paid in taxes, calculated by dividing the total amount of taxes paid by the total income.
Marginal Tax Rate
The rate at which the last dollar of income is taxed, indicating how much of any additional income will be paid in taxes.
Taxable Income
The portion of an individual's or entity's income that is subject to taxation by governmental authorities.
Average Tax Rate
The proportion of total taxable income paid in taxes, calculated by dividing the total tax amount by the total income.
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