Suppose a nation collects taxes as a percent of income. The point on the graph below indicates the current tax rate on the horizontal axis, which runs from 0% on the left to 100% on the right. The vertical axis gives the government's tax revenue. Some of the nation's economists believe that to maximize government revenue, the tax rate should be raised to the level of the Rmax line. How would these economists draw the nation's Laffer curve?

Use the curve tool to give your answer. Remember that the middle click point on a curve controls its shape. You want to position that middle control point so that the curve passes through the point shown. This may require you to adjust the control point's location, using the drag tool.

. Ir O Tax revenue Rmax Tax rate (percent of income)