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Describe the Laffer Curve

question 141

Essay

Describe the Laffer curve.


Definitions:

Transform Boundary

A type of tectonic plate boundary where two plates slide horizontally past each other, often causing earthquakes.

Reverse Fault

A type of fault where the hanging wall moves upward relative to the footwall, typically occurring at convergent plate boundaries.

Continental Rift

A linear zone where the Earth's crust and lithosphere are being pulled apart and is an early stage of continental breakup.

Seismic Station

The location of a scientific instrument (seismograph) that measures seismic vibrations.

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