The Laffer Curve Suggests That If Tax Rates Get Too

question 161

Multiple Choice

The Laffer curve suggests that if tax rates get too ____,the government's tax revenues will ____.

• A)high;fall
• B)high;rise
• C)low;fall
• D)low;rise

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Definitions:

Subclavian Artery

A major artery that supplies blood to the head, neck, shoulder, and arm regions.

Upper Limb

Refers to the part of the human body that includes the arm, forearm, wrist, hand, and fingers.

Brachial Artery

The major blood vessel of the (upper) arm that supplies blood to the arm and hand.

Venous Sinuses

Large channels in the brain that collect venous blood from the brain and lead it towards the internal jugular veins.