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 $80,000, the average tax rate is

A. 2%.
B. 5%.
C. 15%.
D. 20%.


Answer: D

Economics

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Economics