Which of the Following Statements Is TRUE

question 132

Multiple Choice

Which of the following statements is TRUE?

• A) Tax revenues are maximized when the tax rate is 100%.
• B) Not knowing the economy's position on the Laffer curve means the effects of lowering tax rates are uncertain.
• C) Low marginal tax rates have disincentive effects on work effort.
• D) High marginal tax rates increase incentives to work.

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The operator (++) used in programming languages like C and C++ to increase the value of a variable by one after its current value is used.