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Which of the following statements is TRUE regarding the molecular clock of hemoglobins?
Average Tax Rate
The proportion of total income that is paid in taxes, calculated by dividing the total amount of taxes paid by the total income.
Total Taxes
The cumulative amount of taxes owed by an individual or corporation to the government, including federal, state, and local taxes.
Taxable Income
The amount of income that is used to calculate an individual's or a company's income tax due.
Personal Income Tax
A tax levied on individuals or entities based on their income or profit earned.
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