The Laffer Curve Indicates Which of the Following

question 102

Multiple Choice

The Laffer curve indicates which of the following?

• A)There is an ideal interest rate that will maximize investment spending.
• B)There is an ideal amount of government spending that will lead to full national employment.
• C)There is an ideal tax-revenue-maximizing tax rate for government taxes.
• D)There is an ideal tariff rate that will maximize exports and minimize imports.

---

Definitions:

Sandwich Generation

Middle-aged adults who are taking responsibility for both dependent children and parents at the same time, and being sandwiched by these obligations.

Human Relations

The study and management of how people interact in professional settings to increase productivity, satisfaction, and organizational effectiveness.

Talents and Abilities

Inherent skills and capacities that individuals possess, which can be developed and applied to various tasks or activities.

Productivity

The measurement of the efficiency of a person, machine, factory, system, etc., in converting inputs into useful outputs.