Refer to Scenario 19.2. When this person earns $60,000, her average tax rate is

A) 12%.
B) 14%.
C) 20%.
D) indeterminate from this information.

Average Tax Rate

The proportion of total income paid in taxes, calculated by dividing the total tax amount by the taxable income.

Marginal Tax Rate

The rate at which the last dollar of income is taxed, representing the increment in tax paid for an increment in income.