The Following Question Are Based on the Following Laffer Curve

question 31

Multiple Choice

The following question are based on the following Laffer curve:

-Advocates of supply-side tax reductions,such as a reduction in the capital gains tax,argue that these taxes currently have marginal tax rates that are

• A) 0.
• B) to the left of 0a.
• C) between 0a and 0b.
• D) to the right of 0b.
• E) greater than 0e.