Refer to the Information Provided in Figure 32

Multiple Choice

Refer to the information provided in Figure 32.1 below to answer the question(s) that follow. Figure 32.1
-Refer to Figure 32.1. A decrease in tax rates will definitely decrease tax revenue if the economy is at a point such as ________ on the Laffer Curve.

A) A
B) B
C) C
D) both A and B