Multiple Choice
According to the Laffer curve, raising the tax rate
A) always increases the amount of tax revenue.
B) always decreases the amount of tax revenue.
C) does not change the amount of tax revenue.
D) might increase, decrease, or not change the amount of tax revenue.
Correct Answer:

Verified
Correct Answer:
Verified
Q43: The stimulus package passed by Congress in
Q44: In response to the 2008 recession, New
Q45: If taxes exactly equaled government outlays the<br>A)
Q46: The government's budget deficit or surplus equals
Q47: Suppose the government of Japan increases its
Q49: The aggregate demand curve shifts rightward if
Q50: Automatic fiscal policy is not subject to
Q51: A discretionary fiscal policy is a fiscal
Q52: The purpose of the Employment Act of
Q53: Needs-tested spending _ during recessions and _