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Select the correct answer. What does an individual's effective tax rate indicate? Α. the average Income earned B. the average tax rate C. the minimum tax rate D. the next y…

Select the correct answer. What does an individual's effective tax rate indicate? Α. the average Income earned B. the average tax rate C. the minimum tax rate D. the next y…
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Select the correct answer.

What does an individual's effective tax rate indicate?
Α.
the average Income earned
B.
the average tax rate
C.
the minimum tax rate
D.
the next year's tax rate

User Zionyx
by
7.6k points

1 Answer

6 votes

Answer: B

Explanation:

An individual's effective tax rate is the average tax rate.

User Rafael De Leon
by
8.4k points
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