If personal income up to and including $25,000 is not taxed, income of $25,001 to $50,000 is taxed at 10%, and income over $50,000 is taxed at 20%, then a family earning an income of $75,000 will pay a n AVERAGE tax rate of %.

10%

Explanation:

The average tax rate is the total amount of tax divided by total taxable income.

Since the family's income is $75,000, they will pay a tax of 10% for the first $50,000, then for the remaining $25,000 they will not be charged.

Therefore their average tax is the tax paid for the first $50000 which is 10%.

10/100 * 50000 = 5000

Avg tax = 5000/50000 = 10%

hi,

henry is an economist and wants to understand the relationship between inflation and consumer spending habits. for his research, he needs the consumer price index for 2014 and the inflation rate. based on the prices of goods given, what will he find to be the cpi and inflation rate for 2014? assume that a consumer’s basket for three consecutive years consists of the following:

you dont privide answer choices.

answer - 15% of a inflatation rate is 15% less in cpi

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