If an individual pays an additional $0.30 in taxes as a result of a $1.00 increase in income,then that individual must have a(n) __________ tax rate of 30 percent.
A) average
B) fixed
C) total
D) marginal
Correct Answer:
Verified
Q49: With complete crowding out,an increase in government
Q50: Suppose the government increases spending on public
Q51: Some economists argue that a rise in
Q52: If there is complete crowding out as
Q53: Suppose the government increases spending on public
Q55: Which of the following is an example
Q56: Which of the following illustrates the effectiveness
Q57: Reductions in private spending as a result
Q58: Suppose the government attempts to stimulate the
Q59: Crowding out results in a decrease in
A)
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents