If the Economy Is on the Downward-Sloping Portion of the Laffer

question 13

Multiple Choice

If the economy is on the downward-sloping portion of the Laffer curve,a(an) __________ in tax rates will __________ tax revenues.

• A) decrease; reduce
• B) increase; raise
• C) decrease; raise
• D) decrease; not change
• E) increase; not change

---

Definitions:

Reconstruction Period

The era following the American Civil War, focused on rebuilding the United States and integrating former slaves into society as free citizens.

Compares And Contrasts

The process of identifying similarities and differences between two or more subjects, often used as an analytical tool in writing and research.

Black Musicians

Musicians of African descent who have contributed to various genres of music worldwide.

Jazz

A music genre that originated in the African-American communities of New Orleans, characterized by its use of improvisation, syncopation, and usually a regular or forceful rhythm.