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Refer to Figure 4-11 4-11.png. On the Laffer curve shown, which of the following is true? Group of answer choices Tax revenue would increase if
Refer to Figure 4-11 4-11.png. On the Laffer curve shown, which of the following is true? Group of answer choices Tax revenue would increase if marginal tax rates were lowered from point C. Tax revenue would decrease if marginal tax rates were lowered from point A. Tax revenues are maximized at a tax rate corresponding to point B. All of the answer choices are true
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