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it is true that in a progressive tax system, a. average tax rates are generally lower than marginal tax rates b. average and marginal tax
it is true that in a progressive tax system,
a. average tax rates are generally lower than marginal tax rates
b. average and marginal tax rates are generally the same
c. average tax rates are generally higher than marginal tax rates
d. average tax rates will be higher than marginal tax rates only for firms using last in first out inventory costing and a straight line depreciation
e. none of these answers are correct
I know B is incorrect
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