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According to the Laffer Curve, an Increase in the Tax

Question 234

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According to the Laffer curve, an increase in the tax rate will decrease 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 0% tax rate point on the curve.
D) no matter the location of the economy on the curve.

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