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A marginal tax rate is {j the fraction of income that must be paid in taxes. C} the fraction of each additional dollar of income

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A marginal tax rate is {j the fraction of income that must be paid in taxes. C} the fraction of each additional dollar of income that must be paid in taxes. C} the incremental income one must earn to offset each additional dollar of tax. C} the ratio ofa change in income to a change in taxes paid

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