The Laffer Curve Shows That Increasing ________ Increases ________ When

question 87

Multiple Choice

The Laffer curve shows that increasing ________ increases ________ when ________ low.

• A)tax revenue; potential GDP; tax revenue is
• B)the tax rate; tax revenue; the tax rate is
• C)potential GDP; tax revenue; tax revenue is
• D)government outlays; the budget deficit; government expenditure is
• E)investment; potential GDP; the interest rate is

---

Definitions:

Line Chart

A graphical representation where data points are connected by straight lines, commonly used to showcase trends over time.

Bar Chart

A graphical representation of data using bars of different lengths or heights to compare values across categories.

Chart Style

A predefined set of visual attributes, such as color and font, applied to charts to ensure consistency and improve readability.

Add Axis Titles

A feature in charting tools that allows users to insert descriptive labels for the X-axis and Y-axis in graphs.