Use the Figure Below to Answer the Following Question(s)

question 293

Multiple Choice

Use the figure below to answer the following question(s) .
Figure 4-11

Refer to Figure 4-11. On the Laffer curve shown, tax revenue could be increased by

• A) decreasing the marginal tax rates if we were currently at point A.
• B) decreasing the marginal tax rates if we were currently at point C.
• C) increasing the marginal tax rates if we were currently at point B.
• D) increasing the marginal tax rates if we were currently at point C.

---

Definitions:

Tesco

A British multinational groceries and general merchandise retailer, one of the world's largest supermarket chains.

Metro Group

A multinational diversified retail and wholesale group, known for its chain of stores offering a wide range of goods and services.

RFID

Radio Frequency Identification, a technology that uses electromagnetic fields to automatically identify and track tags attached to objects.

Radio Frequency Identification

A technology using radio waves to identify and track objects, animals, or people by means of tags attached to them.