Refer to the Information Provided in Table 19 -Relating to the Economics in Practice on Page 392: Refer

question 69

Multiple Choice

Refer to the information provided in Table 19.1 below to answer the questions that follow.
Table 19.1
$$\begin{array} { | c | c | } \hline \text { Total Income } & \text { Total Taxes } \\\hline \$ 10,000 & \$ 1,000 \\\hline 20,000 & 2,400 \\\hline 30,000 & 4,500 \\\hline 40,000 & 8,000 \\\hline\end{array}$$
-Relating to the Economics in Practice on page 392: Refer to Table 19.1. At an income level of $10,000, the average tax rate is

• A) 1%.
• B) 5%.
• C) 10%.
• D) 20%.

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Definitions:

Seed Leaf

Seed leaf, or cotyledon, is the first leaf or one of the first pair of leaves that develop from the embryo of a seed.

Megaspores

Female spores that develop into female gametophytes in plants.

Ovule

The structure in seed plants that develops into a seed after fertilization, containing the female gametophyte.

Cycads

Ancient group of seed plants characterized by a stout and woody trunk with a crown of large, hard and stiff, evergreen leaves.