If the File Containing Your Student Information Appears in Two

question 74

Multiple Choice

If the file containing your student information appears in two different places with two different birth dates,your data would not be considered ____.

• A)legitimate
• B)valid
• C)clean
• D)acceptable

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Definitions:

Marginal Tax Rate

The rate at which the last dollar of a taxpayer's income is taxed, indicating the percentage of tax applied to their highest dollar of income.

Marginal Tax Rate

The rate at which the last dollar of a taxpayer's income is taxed, indicative of their highest tax bracket.

Average Tax Rate

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

Tax Rate Schedules

These are charts provided by the IRS that determine the amount of tax to be paid by individuals, corporations, and other entities based on their income level.