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    Principles of Macroeconomics Study Set 8
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    Exam 8: Application the Cost of Taxation: Deadweight Loss and Tax Revenue As Taxes Vary
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    The Higher a Country's Tax Rates,the More Likely That Country
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The Higher a Country's Tax Rates,the More Likely That Country

Question 25

Question 25

Multiple Choice

The higher a country's tax rates,the more likely that country will be


A) at the top of the Laffer curve.
B) on the positively sloped part of the Laffer curve.
C) on the negatively sloped part of the Laffer curve.
D) experiencing small deadweight losses.

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