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. If the economy is at a point such as C on the Laffer curve, a(n) ________ in tax rates will ________ tax revenue.

A) increase; increase
B) decrease; decrease
C) decrease; increase
D) change; not change