Refer to Scenario 19

question 6

Multiple Choice

Refer to Scenario 19.1 below to answer the question(s) that follow.
SCENARIO 19.1: An individual earning $60,000 pays $12,000 in taxes. The marginal tax rate on any income earned above $60,000 is 25%.
-Refer to Scenario 19.1. When this person earns $70,000, her average tax rate is

• A) 20.7%.
• B) 22.5%.
• C) 25%.
• D) indeterminate from this information.

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Definitions:

Aging

the process of becoming older, which is characterized by a gradual decline in physical and sometimes mental capacity.

Reproduce

The biological process by which new organisms are generated, often referring to the sexual or asexual means of producing offspring.

Free Radical Theory

A theory suggesting that organisms age because cells accumulate free radical damage over time.

Erikson

A psychologist known for developing a theory of psychosocial development that outlines eight stages people go through in their lifetime.