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The following table details the working populations, income tax rates, and average salary in equivalent US dollars) for
Peru and Chile.
Country
Peru
Chile
Workforce
10,618,704
7,210,595
Average Salary ($)
8,714
14,622
Income Tax Rate
24.1%
31.4%
a.
Based on the information in the table, how do the annual tax revenues of Peru and Chile compare to one another?
Peru collects $294,980 more than Chile.
b. Peru collects $63,408,109 more than Chile.
C. Chile collects $12,901,933,434 more than Peru.
d. Chile collects $10,805,998,234 more than Peru.
Please select the best answer from the choices provided

Sagot :

Answer:

d.

Chile collects $10,805,998,234 more than Peru.

Step-by-step explanation:

jayilych4real

Based on the given table, the way the annual tax revenues of Peru and Chile compare to one another is d. Chile collects $10,805,998,234 more than Peru.

What is a Tax?

This refers to the money paid to the government based on work done by its citizen for the purpose of infrastructure and improving living conditions.

Hence, we can see that based on the workforce, average salary, income tax rate, and other data, it can be noted that from the tax revenues collected by both Peru and Chile, Chile collects $10,805,998,234 more than Peru.

Read more about tax revenues here:

https://brainly.com/question/16547405

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