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Which of the following statements are true of the Laffer curve and the insights that it provides? Choose one or more: A. When tax rates
Which of the following statements are true of the Laffer curve and the insights that it provides? Choose one or more: A. When tax rates are high, increasing tax rates leads to greater tax revenue. B. The Laffer curve shows the relationship between income tax rates and tax revenue. C. There is a tax rate that would provide the maximum amount of tax revenue possible. D. When tax rates are low, increasing tax rates leads to more tax revenue
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