Supply-Side TheoryTax Rate (%)Tax Revenue ...

[Labomba]

Question 1

Supply-Side Theory

Tax Rate (%)	Tax Revenue ($)
0	​

20

600​

40

1500​

60

1300​

80

700​

100

​

The table contains data for a typical Laffer curve. At a tax rate of 0%, the tax revenue will be ________.
◦ $300
◦ $900
◦ $1500
◦ $0

Question 2

Supply-Side Theory

Tax Rate (%)	Tax Revenue ($)
0	​

20

900​

40

1600​

60

1100​

80

800​

100

​

The table contains data for a typical Laffer curve. At a tax rate of 100%, the tax revenue should be ________.
◦ $0
◦ $300
◦ $1100
◦ $400

[koswald]

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[Labomba]

Thanks for the timely response, appreciate it

[6ana001]

Gracias!