Examlex
Algorithms have the advantage of ____________ and the disadvantage of ____________:
Average Tax Rate
The proportion of total income that is paid as taxes, calculated by dividing the total amount of taxes paid by the taxpayer's total income.
Total Income
The sum of all earnings by an individual or entity from various sources, including wages, investments, and other forms of revenue, before taxes and deductions.
Average Tax Rate
The ratio of the total amount of taxes paid to the total tax base (taxable income or spending), often expressed as a percentage.
Total Income
The sum of all wages, salaries, profits, interest payments, rents, and other forms of earnings received by individuals or entities within a specified period.
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