If your taxable income rises from $35,000 to $45,000, and the taxes you pay rise from $12,000 to $15,000, your marginal tax rate is
A. 10 percent.
B. 20 percent.
C. 30 percent.
D. 40 percent.
E. Impossible to determine.
C. 30 percent.
Economics
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Screening is
a. actions by the informed party to reveal her true risks b. actions by the informed party to conceal her true risks c. actions by the uninformed party to uncover the true risks d. actions by the uninformed party to conceal the true risks
Economics
The current account balance is approximately equal to the difference between domestic product and national expenditure.
Answer the following statement true (T) or false (F)
Economics