Refer to the information provided in Table 19.8 below to answer the question(s) that follow.Table 19.8Total IncomeTotal Taxes$20,000 $2,000 40,000  4,800 60,000  9,000 80,000  16,000Related to the Economics in Practice on page 393: Refer to Table 19.8. At an income level of $60,000, the average tax rate is

The discount rate is the interest rate

A) paid on time deposits. B) paid on funds banks borrow from other banks. C) paid on funds that depository institutions borrow from the Federal Reserve. D) that banks charge their "best" customers.

Which of the following causes the unemployment rate to understate the true extent of joblessness?

A) Many full time workers really want to be part time workers. B) A drug dealer reports herself as unemployed. C) Persons who collect unemployment benefits report themselves to be searching for a job. D) Discouraged workers are counted as unemployed. E) Discouraged workers are not counted as unemployed.