Dynamic tax analysis is based on the recognition that as tax rates are increased
A) tax revenue collections will eventually decline.
B) tax revenue collections will continually increase.
C) tax revenue collections will change at the same rate as the tax rates.
D) tax revenue collections will increase at a faster rate than the tax rate change.
A
Economics
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What is the natural resource problem in DVC?
What will be an ideal response?
Economics
Graph a and graph b have several differences. What difference between the two shows a failure to meet productive efficiency?
a. In graph a, ATC touches the demand curve at P equals MC.
b. In graph b, the demand curve is downward sloping.
c. In graph a, P equals both MR and MC.
d. In graph b, MC is less than P*, and q* is less than it could be.
Economics