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Author Question: Supply-Side TheoryTax Rate (%)Tax Revenue ($)025100035170060130070851000100The table contains data ... (Read 22 times)

majortom123

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on: Nov 23, 2022

Question 1

Supply-Side Theory


Tax Rate (%)Tax Revenue ($)
0​
25​500​
35​1500​
50​​
70​1100​
80​500​
100​

The table contains data for a typical Laffer curve. At a tax rate of 50%, the tax revenue will definitely be ________.
◦ greater than $1100
◦ greater than $1500
◦ $1300
◦ between $1500and $1100

Question 2

Supply-Side Theory


Tax Rate (%)Tax Revenue ($)
0​
25​1000​
35​1700​
60​1300​
70​​
85​1000​
100​

The table contains data for a typical Laffer curve. At a tax rate of 70%, the tax revenue will definitely be ________.
◦ $1150
◦ between 1000 and 1300
◦ less than $1000
◦ greater than $1300
Macroeconomics ¦ Acemoglu, Laibson, List ¦ 3rd Edition
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Marked as best answer by majortom123 on Nov 23, 2022

lhn821

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Reply #1 on: Nov 23, 2022
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.
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majortom123

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Reply 2 on: Nov 23, 2022
Thanks for the timely response, appreciate it

laurnthompson

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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