Multiple Choice
The Laffer curve illustrates that
A) there are two tax rates at which zero tax revenues are raised.
B) a decrease in tax rates can cause an increase in tax revenues.
C) an increase in tax rates can cause an increase in tax revenues.
D) an increase in tax rates can cause a decrease in tax revenues.
E) all of the above
Correct Answer:

Verified
Correct Answer:
Verified
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