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Refer to the Laffer Curve T5 to T4T _ { 5 } \text { to } T _ { 4 }

Question 127

Multiple Choice

   Refer to the Laffer Curve. A cut in the tax rate from T  T _ { 5 } \text { to } T _ { 4 }  would A)  decrease tax revenues and support the views of supply-side economists. B)  increase tax revenues and support the views of supply-side economists. C)  increase tax revenues and support the views of mainstream economists. D)  decrease tax revenues and support the views of mainstream economists. Refer to the Laffer Curve. A cut in the tax rate from T T5 to T4T _ { 5 } \text { to } T _ { 4 } would


A) decrease tax revenues and support the views of supply-side economists.
B) increase tax revenues and support the views of supply-side economists.
C) increase tax revenues and support the views of mainstream economists.
D) decrease tax revenues and support the views of mainstream economists.

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