Mathematics, 17.12.2020 01:00 PurpleAndBlue

Suppose that Algeria has a workforce of 9,416,534, each of whom earns an average annual salary of (equivalent US dollars) $6,844. If the Algerian government wishes to raise $9 billion in tax revenue, approximately where should it set the income tax rate? a.
9%
b.
14%
c.
18%
d.
26%

Answers: 3

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More questions: Mathematics Another questions

Suppose that Algeria has a workforce of 9,416,534, each of whom earns an average annual salary of (equivalent US dollars) $6,844. If the Algerian government wishes to raise $9 billion in tax revenue, approximately where should it set the income tax rate? a. 9% b. 14% c. 18% d. 26%

Answers

Another question on Mathematics

Suppose that Algeria has a workforce of 9,416,534, each of whom earns an average annual salary of (equivalent US dollars) $6,844. If the Algerian government wishes to raise $9 billion in tax revenue, approximately where should it set the income tax rate? a.
9%
b.
14%
c.
18%
d.
26%