Q
The marginal tax rate is ?
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A
A. The tax rate you pay on any additional income that you earn.
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B
B. The total amount of tax you pay divided by your total income
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C
C. The additional tax you pay divided by your total income
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D
D. Your total income divided by the total amount of tax you pay.
Correct Answer:
A. A. The tax rate you pay on any additional income that you earn.