Problem 1-58 (LO 1-3, LO 1-5) (Algo) Congress would like to increase tax revenues by 9.5 percent. Assume that the average taxpayer in the United States earns $60,000 and pays an average tax rate of 20 percent. a. If the income effect is in effect for all taxpayers, what average tax rate will result in a 9.5 percent increase in tax revenues? (Round your answer to 2 decimal places.) Average tax rate 21.95% b. This is an example of what type of forecasting? Dynamic Static