this question is similar to Study Problem 1 in the 10th edition, Study Problem 1 in the 9th edition, and Connect Study Problem 1 in the 8th edition. In the economy of Francine, GDP is currently $5550 million. Production in Francine is unaffected by changes in tax rates until the rate is more than 12%. Thereafter, for each 2-percent increase in the tax rate, GDP drops by $600 million. A. Complete the table below for the government of Francine. Tax revenue is GDP times the tax rate. % Tax Rate GDP Tax Revenue 0 5550 0 2 5550 111 4 5550 222 6 Answer 1 Question 10 Answer 2 Question 10 8 Answer 3 Question 10 Answer 4 Question 10 10 Answer 5 Question 10 Answer 6 Question 10 12 Answer 7 Question 10 Answer 8 Question 10 14 Answer 9 Question 10 Answer 10 Question 10 16 Answer 11 Question 10 Answer 12 Question 10 18 Answer 13 Question 10 Answer 14 Question 10 20 Answer 15 Question 10 Answer 16 Question 10 22 Answer 17 Question 10 Answer 18 Question 10 24 Answer 19 Question 10 Answer 20 Question 10 26 Answer 21 Question 10 Answer 22 Question 10 28 Answer 23 Question 10 Answer 24 Question 10 30 150 45 B. The optimal tax rate to maximize tax revenue is Answer 25 Question 10 %. This optimal tax rate results in tax revenue of $Answer 26 Question 10 million