Answer to: Which one of the following terms is defined as the total tax paid divided by the total taxable income?
A. Average tax rate
B. Variable tax rate
C. Marginal tax rate
D. Absolute tax rate
Answer:A
Answer to: Which one of the following terms is defined as the total tax paid divided by the total taxable income?
A. Average tax rate B. Variable tax rate C. Marginal tax rate D. Absolute tax rate