Question
According to the Laffer Curve, the amount of tax revenue ________ when tax rates are ________ and tax rates are ________. Group of answer choices
According to the Laffer Curve, the amount of tax revenue ________ when tax rates are ________ and tax rates are ________.
Group of answer choices
decreases; low; increased
increases; high; decreased
increases; high; increased
decreases; high; decreased
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International Economics
Authors: Robert Carbaugh
15th edition
1285854357, 978-1305177093, 1305177096, 978-1285854359
