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Author Question: According to the Laffer curve, an increase in the tax rate will decrease tax revenue (Read 31 times)

altibaby

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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.


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Marked as best answer by altibaby on Apr 19, 2019

durant1234

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altibaby

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durant1234

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