Multiple Choice
According to the Laffer curve, an increase in the tax rate will increase tax revenue
A) if the economy is on the positively sloped section of the curve.
B) if the economy is on the negatively sloped section of the curve.
C) if the economy is at the farthest point out on the curve.
D) no matter the location of the economy on the curve.
Correct Answer:

Verified
Correct Answer:
Verified
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