a. average tax rate exceeds the marginal tax rate as income rises.
b. marginal tax rate declines as income increases.
c. average and marginal tax rates are equal.
d. marginal tax rate exceeds the average tax rate as income rises.
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Home » Business » For a progressive tax the: select one: a. average tax rate exceeds the marginal tax rate as income rises. b. marginal tax rate declines as income increases. c. average and marginal tax rates are equal. d.