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1-21 Understanding Tax Rate Concepts. Indicate whether the following statements are true r false and, if false, explain why a. b. c. Tax-exempt income would

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1-21 Understanding Tax Rate Concepts. Indicate whether the following statements are true r false and, if false, explain why a. b. c. Tax-exempt income would cause the taxpayer's average tax rate to increase. Tax-exempt income would cause the taxpayer's marginal tax rate to decrease Tax-exempt income would cause the taxpayer's effective tax rate to decrease

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