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Jack's marginal tax rate in 2019 was 37%. what can we say about his average tax rate? a. it is greater than 37% b. it

Jack's marginal tax rate in 2019 was 37%. what can we say about his average tax rate?

a. it is greater than 37%

b. it is less than 37%

c. none of these

Which of the following will generally save you the most money in the most cases?

a. $1,000 non-refundable credit

b. $1,000 refundable credit

c$1,000 below the line deduction

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