Multiple Choice
Refer to the Laffer Curve. A cut in the tax rate from T 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.
Correct Answer:

Verified
Correct Answer:
Verified
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