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Refer to the Information Provided in Figure 18

Question 12

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Refer to the information provided in Figure 18.3 below to answer the questions that follow.
Refer to the information provided in Figure 18.3 below to answer the questions that follow. Figure 18.3 -Refer to Figure 18.3.A decrease in tax rates will definitely decrease tax revenue if the economy is at a point such as ________ on the Laffer Curve. A) A B) B C) C D) both A and B Figure 18.3
-Refer to Figure 18.3.A decrease in tax rates will definitely decrease tax revenue if the economy is at a point such as ________ on the Laffer Curve.


A) A
B) B
C) C
D) both A and B

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