Refer to the information provided in Figure 32.1 below to answer the question(s) that follow. Figure 32.1
-Refer to Figure 32.1. If the economy moves from Point B to Point C, a ________ in tax rates will ________ tax revenue.
A) cut; decrease
B) rise; decrease
C) cut; increase
D) rise; increase
Correct Answer:
Verified
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