According to the Laffer Curve, When the Tax Rate Is

question 69

Multiple Choice

According to the Laffer curve, when the tax rate is 100 percent, tax revenue will be:

• A) 0.
• B) at the maximum value.
• C) the same as it would be at a 50 percent tax rate.
• D) greater than it would be at a 50 percent tax rate.
• E) the same as it would be at a 20 percent tax rate.

---

Definitions:

Internet-Based Applications

Software programs that operate online via the internet instead of being installed locally on a device.

Social Media

Platforms that enable users to create and share content or participate in social networking online.

Facebook

A social networking site that allows users to connect with friends and family, share content, and join or create groups.

Social Listening

The process of monitoring digital conversations to understand what customers are saying about a brand or industry online, for better market insights.