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If Heather's tax liability increases from $10,000 to $13,500 when her income increases from $30,000 to $40,000, her marginal tax rate is
Estate Systems
A socio-political system where society is divided into estates or classes, often hierarchically, each with distinct rights and duties.
Stratification
The division of society into hierarchical levels based on factors like wealth, power, and social status.
Culture Of Poverty
The argument that poverty is a way of life and, like other cultures, is passed on from generation to generation.
Economic Restructuring
Contemporary transformations in the basic structure of work that are permanently altering the workplace, including demographic changes, deindustrialization, enhanced technology, and globalization.
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