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Author Question: Supply-Side TheoryTax Rate (%)Tax Revenue ($)025100035170060130070851000100The table contains data ... (Read 44 times)

majortom123

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Question 1

Supply-Side Theory


Tax Rate (%)Tax Revenue ($)
0
25500
351500
50
701100
80500
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
251000
351700
601300
70
851000
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


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Marked as best answer by majortom123 on Nov 23, 2022

lhn821

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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
Excellent


nguyenhoanhat

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

 

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