The Laffer curve shows that increasing ________ increases ________ when ________ low.
A. tax revenue; potential GDP; tax revenue is
B. tax rates; tax revenue; tax rates are
C. potential GDP; tax revenue; tax revenue is
D. None of the above answers is correct.
Answer:B
The Laffer curve shows that increasing ________ increases ________ when ________ low.
A. tax revenue; potential GDP; tax revenue is B. tax rates; tax revenue; tax rates are C. potential GDP; tax revenue; tax revenue is D. None of the above answers is correct.