Explain the difference between average and marginal tax rate, International Economics

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Explain the difference between average and marginal tax rate

Problem

Explain the difference between average tax rates and marginal tax rates. Is it possible for a person's average tax rate to equal his or her marginal tax rate? If so, how?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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International Economics: Explain the difference between average and marginal tax rate

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