micro eco ch 12

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Resources that a taxpayer devotes to complying with the tax laws are a type of

deadweight loss
Average tax rate measures the

fraction of income paid in taxes
TABLE
What is the average rate for a person who makes $60,000?

30%

Author:	xryan27x
ID:	189180
Card Set:	micro eco ch 12
Updated:	2012-12-13 02:37:51
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