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Suppose that the flat tax is 20 percent. A worker who earns $1,000 before taxes and puts all of the income net of taxes into

Suppose that the flat tax is 20 percent. A worker who earns $1,000 before taxes and puts all of the income net of taxes into a bond that earns 10 percent per annum will pay an additional ________ in taxes from interest income next year.

$8

$80

$800

$880

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