-In the Above Figure, Tax Revenue Is at a Maximum

question 243

Multiple Choice

-In the above figure, tax revenue is at a maximum when the tax rate is

• A) 0 percent.
• B) 30 percent.
• C) 50 percent.
• D) 100 percent.

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Definitions:

Mary Cover Jones

An early psychologist known for her work in desensitization therapy, helping to lay the foundation for behavior therapy.

Joseph Wolpe

A South African psychiatrist best known for developing systematic desensitization, a method used in behavior therapy to treat phobias and other anxiety disorders.

Virtual Reality Exposure Therapy

A counterconditioning technique that treats anxiety through creative electronic simulations in which people can safely face their greatest fears, such as airplane flying, spiders, or public speaking.

Aversive Conditioning

A type of behavior conditioning where an unpleasant or painful stimulus is used to reduce the likelihood of a behavior reoccurring.