_____ is the amount of additional taxes that are paid and benefits that are forgone from an additional dollar in income.
A) Marginal analysis
B) Implicit marginal analysis
C) The implicit marginal tax rate
D) The marginal tax rate

Question

Quizplus · Accepted Answer

The implicit marginal tax rate refers to the combined effect of additional taxes paid and benefits lost when earning an additional dollar of income.

_____ Is the Amount of Additional Taxes That Are Paid