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Mathematics, 27.10.2021 21:20 ELGuapo6746
Calculate the average and marginal tax rates in the following table, and indicate whether the tax is progressive, proportional, or regressive. What observation can you make concerning the relationship between marginal and average tax rates?
Income Tax paid Average tax rate Marginal tax rate
$ 0 $ 0 0% 0%
100 10
200 30
300 60
400 100
500 150
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Calculate the average and marginal tax rates in the following table, and indicate whether the tax is...
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