say that thailand has a workforce of 35,709,487 people, each of whom earns an average salary of (equivalent…

say that thailand has a workforce of 35,709,487 people, each of whom earns an average salary of (equivalent usd) $8,630 annually. if the thai government wants to raise $70 billion in tax revenue, approximately where should it set the income tax rate?\na. 5%\nb. 15%\nc. 23%\nd. 29%

say that thailand has a workforce of 35,709,487 people, each of whom earns an average salary of (equivalent usd) $8,630 annually. if the thai government wants to raise $70 billion in tax revenue, approximately where should it set the income tax rate?\na. 5%\nb. 15%\nc. 23%\nd. 29%

Answer

Explanation:

Step1: Calcular el ingreso total de la fuerza laboral

$35709487\times8630 = 308172872810$ (dólares)

Step2: Calcular la tasa impositiva

Sea $r$ la tasa impositiva. Queremos que $308172872810\times r=70000000000$. Entonces $r=\frac{70000000000}{308172872810}\approx 0.23$

Answer:

c. 23%