subject
Business, 01.03.2021 22:40 poreally1446

Suppose the tax amount on the first​ $10,000 income is​ $0; $2,000 on the next​ $20,000; $4,000 on the next​ $20,000; $6,000 on the next​ $30,000; and 40 percent on any income over​ $80,000. Family A has income of​ $30,000 and Family B has income of​ $80,000. What is the marginal and average tax rate for each​ family? A. Family​ A: marginal—10 ​percent; average—10 ​percent; Family​ B: marginal—40 ​percent; average—40 percent. B. Family​ A: marginal—10 ​percent; average—6.7 ​percent; Family​ B: marginal—20 ​percent; average—15 percent. C. Family​ A: marginal—10 ​percent; average—15 ​percent; Family​ B: marginal—40 ​percent; average—20 percent. D. Family​ A: marginal—10 ​percent; average—20 ​percent; Family​ B: marginal—30 ​percent; average—23 percent.

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 01:20
Cindy recently played in a softball game in which she misplayed a ground ball for an error. later, in the same game, she made a great catch on a very difficult play. according to the self-serving bias, she would attribute her error to and her good catch to her
Answers: 1
question
Business, 22.06.2019 16:30
Which of the following has the largest impact on opportunity cost
Answers: 3
question
Business, 23.06.2019 02:30
Suppose a jury of 12 people is chosen from the above pool, and this jury hears a case and discusses the verdict; x is the number who think the defendant is guilty.
Answers: 1
question
Business, 23.06.2019 12:40
Acompany finances the purchase of equipment with a $500,000 5-year note payable. the note has an interest rate of 12% and a monthly payment of $11,122. after two payments have been made, what amount should the company report as the note payable balance in its december 31 balance sheet?
Answers: 2
You know the right answer?
Suppose the tax amount on the first​ $10,000 income is​ $0; $2,000 on the next​ $20,000; $4,000 on t...
Questions