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    Principles of Economics Study Set 11
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    Exam 29: Fiscal Policy
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    The X Axis for the Laffer Curve Represents
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The X Axis for the Laffer Curve Represents

Question 153

Question 153

Multiple Choice

The x axis for the Laffer curve represents


A) the tax revenue.
B) the tax rate.
C) real gross domestic product (GDP) .
D) the price level.
E) the inflation rate.

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