This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: According to the Laffer curve, an increase in the tax rate will decrease tax revenue (Read 23 times)

altibaby

  • Hero Member
  • *****
  • Posts: 562
on: Apr 19, 2019

Question 1

According to the Laffer curve, a decrease in the tax rate will decrease tax revenue


◦ if the economy is on the positively sloped section of the curve.
◦ if the economy is on the negatively sloped section of the curve.
◦ if the economy is at the 100% tax rate point on the curve.
◦ no matter the location of the economy on the curve.

Question 2

According to the Laffer curve, an increase in the tax rate will decrease tax revenue


◦ if the economy is on the positively sloped section of the curve.
◦ if the economy is on the negatively sloped section of the curve.
◦ if the economy is at the 0% tax rate point on the curve.
◦ no matter the location of the economy on the curve.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by altibaby on Apr 19, 2019

durant1234

  • Sr. Member
  • ****
  • Posts: 338
Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 25% of students answer this correctly


altibaby

  • Hero Member
  • *****
  • Posts: 562
Reply #2 on: Apr 19, 2019
Thank you!


durant1234

  • Sr. Member
  • ****
  • Posts: 338
Reply #3 on: Apr 19, 2019
Always glad to help...


« previous next »
 

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

A recent study has found that following a diet rich in berries may slow down the aging process of the brain. This diet apparently helps to keep dopamine levels much higher than are seen in normal individuals who do not eat berries as a regular part of their diet as they enter their later years.

Did you know?

Anesthesia awareness is a potentially disturbing adverse effect wherein patients who have been paralyzed with muscle relaxants may awaken. They may be aware of their surroundings but unable to communicate or move. Neurologic monitoring equipment that helps to more closely check the patient's anesthesia stages is now available to avoid the occurrence of anesthesia awareness.

Did you know?

Automated pill dispensing systems have alarms to alert patients when the correct dosing time has arrived. Most systems work with many varieties of medications, so patients who are taking a variety of drugs can still be in control of their dose regimen.

Did you know?

The first monoclonal antibodies were made exclusively from mouse cells. Some are now fully human, which means they are likely to be safer and may be more effective than older monoclonal antibodies.

Feedforward control of breathing rate in an animal trained for athletic exercise. Feedforward control of breathing rate in an animal trained for athletic exercise.
China’s 8% annual increase in oil consumption China’s 8% annual increase in oil consumption
Exercise increases the heart rate. Exercise increases the heart rate.
Atmospheric pressure decreases with increase in altitude. Atmospheric pressure decreases with increase in altitude.
Total Fertility Rate in the United States, 1860–2008 Total Fertility Rate in the United States, 1860–2008
The age-of-onset curve for Huntington disease (HD) The age-of-onset curve for Huntington disease (HD)
Video: Fermentation pathways

For a complete list of videos, visit our video library