2. The table lists some income data representing an average Canadian in 2017. Income Value ($) Earnings 41,000 Investment income 2,500 Pension income 1, 200 Other income 1,000 Market income? Government transfer 3,800 After-tax income ? Income tax ? Total income 58,000 Provide the missing information in the table.

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter30: Government Budgets And Fiscal Policy
Section: Chapter Questions
Problem 39CTQ: Excise taxes on tobacco and alcohol and state sales taxes are often criticized for being regressive....
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2. The table lists some income data representing an
average Canadian in 2017.
Income Value ($)
Earnings 41,000
Investment income 2,500
Pension income 1, 200
Other income 1,000
Market income?
Government transfer 3,800
After-tax income ?
Income tax ?
Total income 58,000
Provide the missing information in the table.
Transcribed Image Text:2. The table lists some income data representing an average Canadian in 2017. Income Value ($) Earnings 41,000 Investment income 2,500 Pension income 1, 200 Other income 1,000 Market income? Government transfer 3,800 After-tax income ? Income tax ? Total income 58,000 Provide the missing information in the table.
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