Week5a
From UBCMATH WIKI
Clicker Questions
Activities
Activity: Income tax
In 2013, Canadian government established the following federal tax rates:
- 15% on the first $\$43,561$ of taxable income
- 22% on the next $\$43,561$ of taxable income
- 26% on the first $\$43,931$ of taxable income
- 29% on taxable income over $\$135,054$
Questions:
- Sketch a graph representing the tax rate as a function of taxable income.
- Define a piecewise function representing the amount of tax owned as a function of taxable income. Is this function continuous?
- Sketch the graph of the function defined in 2.
- Canada's income tax rates are called progressive because the rate increases as income increases. Suppose the government decided to apply a flat tax rate of 25% to everyone. For which income(s) would this flat rate of 25% be the same as the current progressive tax? Give a geometrical explanation.
Extra discussion questions
- Find a function that has at least one root between 0 and 1.
- Explain why any odd-degree polynomial has at least one root.
- Show that $\sqrt{2}$ is between 1 and 2.