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A common tax credit available to college students just starting their education is the: Lifetime Learning Credit. Premium Tax Credit. Earned Income Credit. American Opportunity

A common tax credit available to college students just starting their education is the:

Lifetime Learning Credit.

Premium Tax Credit.

Earned Income Credit.

American Opportunity Credit.

An individuals effective tax rate is always _______ their marginal tax rate.

equal to

higher than

Effective tax rates have no relation to marginal tax rates.

lower than

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