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    Principles of Microeconomics
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    Exam 8: Application: the Costs of Taxation
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    What Did Both Ronald Reagan and Arthur Laffer Agree Would
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What Did Both Ronald Reagan and Arthur Laffer Agree Would

Question 139

Question 139

Multiple Choice

What did both Ronald Reagan and Arthur Laffer agree would result from reducing income tax rates


A) increased national debt
B) decreased government tax collections
C) increased government tax collections
D) no change in the amount of revenue the government collected

Correct Answer:

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