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Refer to the Graph Above

Question 122

Multiple Choice

Refer to the graph above. If the government wishes to collect tax revenues equal to R<sub>2</sub>, supply-side economists would strongly advise the government to set tax rates at: A) T<sub>2</sub> or T<sub>3</sub> B) T<sub>2</sub> only C) T<sub>4</sub> only D) T<sub>2</sub> or T<sub>4</sub> Refer to the graph above. If the government wishes to collect tax revenues equal to R2, supply-side economists would strongly advise the government to set tax rates at:


A) T2 or T3
B) T2 only
C) T4 only
D) T2 or T4

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