The marginal tax rate can be calculated by which of the following formulas?
A) the change in taxes due divided by the change in taxable income
B) the change in taxable income divided by the change in taxes due
C) total taxes due divided by total taxable income
D) total taxable income divided by total taxes due
Answer: A
You might also like to view...
Martin Shore lost his job when General Motors closed down its local plant. He has been visiting the personnel offices of the other factories in the area, looking for a new job. He is:
a. a member of the civilian labor force who is employed. b. a member of the civilian labor force who is unemployed. c. a member of the civilian labor force who is underemployed. d. a discouraged worker who is not a member of the labor force. e. not a member of the labor force.
Prediction of stock share prices is relatively straightforward, given information about corporate earnings and number of shareholders
Indicate whether the statement is true or false
eBay does not qualify as a market for the good being sold because it is not a specific, physical location.
Answer the following statement true (T) or false (F)
An automobile manufacturer voluntarily recalls certain models to fix a defective part at no cost to the owners. This action has the effect of
A. a market failure. B. the lemon problem. C. a manufacturer's warranty. D. none of these.