Refer to the Laffer Curve $T _ { 2 } \text { to } T _ { 1 }$

Multiple Choice

Refer to the Laffer Curve. A cut in the tax rate from T $T _ { 2 } \text { to } T _ { 1 }$ 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.