The average tax rate is defined as
A) total tax due/change in taxable income.
B) total tax due/total taxable income.
C) change in taxes due/change in taxable income.
D) change in taxes due/total taxable income.
B
Economics
You might also like to view...
A common solution to monopoly in European countries is public ownership
a. True b. False Indicate whether the statement is true or false
Economics
Suppose that at the prevailing euro-dollar exchange rate there is an excess demand for dollars. To stabilize exchange rates, the United States might
A. Raise interest rates. B. Raise taxes. C. Reduce government spending. D. Decrease trade restrictions on euro-priced goods.
Economics