Figure 8-20

Multiple Choice

Figure 8-20. The figure represents the relationship between the size of a tax and the tax revenue raised by that tax.

-Refer to Figure 8-20.Suppose the figure pertains to the labor tax,and suppose also that point B represents the position on the curve of the typical European country.Then,according to a recent research paper published by the European Central Bank,the position on the curve of the U.S.would most likely be point

A) A.
B) C.
C) D.
D) F.