The Laffer curve makes the point that cutting a very high marginal tax rate can __________ the tax base enough so that tax revenues __________

A) lower; rise
B) lower; fall
C) raise; rise
D) raise; fall

C

Economics

You might also like to view...

What is utilitarian justice?

What will be an ideal response?

Economics

A trade policy designed to alleviate some domestic economic problem by exporting it to foreign countries is know as a(n)

A) international dumping policy. B) countervailing tariff policy. C) beggar thy neighbor policy. D) trade adjustment assistance policy. E) redistribution quota policy.

Economics