MM
Mahua Mukherjee
Answers (2)
MM
Answered
If a job offer is made and you need time to think about the offer,it is acceptable to thank the interviewer and ask for some time to consider the offer.
On Sep 28, 2024
True
MM
Answered
Suppose the government taxes 10 percent of the first $30,000 in income and 20 percent of all income over $30,000. Calculate the marginal tax rate and the average tax rate for a person who earns $70,000.
On Sep 23, 2024
The marginal tax rate would be 20 percent because the person earns more than $30,000. The average tax rate would be 15.7%. The person pays $3,000 on the first $30,000 of income and $8,000 on the remaining $40,000 of income. $11,000/$70,000=15.7%.