Which of the Following Scenarios Is Not Consistent with the Laffer

question 36

Multiple Choice

Which of the following scenarios is not consistent with the Laffer curve?

• A)The tax rate is very low,and tax revenue is very low.
• B)The tax rate is very high,and tax revenue is very low.
• C)The tax rate is very high,and tax revenue is very high.
• D)The tax rate is moderate (between very high and very low),and tax revenue is relatively high.

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Definitions:

Watson

Pertains to John B. Watson, the American psychologist who founded the behaviorism school of psychology.

Thorndike

Edward L. Thorndike was an American psychologist known for his work in comparative psychology and the theory of connectionism which helped lay the scientific foundation for educational psychology.

Scientific Community

A collective of scientists and researchers who share knowledge, collaborate on projects, and contribute to the advancement of science through publications and peer review.

Thorndike

An American psychologist famous for his work on learning theory that led to the development of operant conditioning within behaviorism.