Refer to the Laffer Curve. A cut in the tax rate from T $T _ { 2 } \text { to } T _ { 1 }$ would
A) decrease tax revenues and support the views of supply-side economists.
B) increase tax revenues and support the views of supply-side economists.
C) increase tax revenues and support the views of mainstream economists.
D) decrease tax revenues and support the views of mainstream economists.

Question

Refer to the Laffer Curve. A cut in the tax rate from T $T _ { 2 } \text { to } T _ { 1 }$ would
A) decrease tax revenues and support the views of supply-side economists. 
B) increase tax revenues and support the views of supply-side economists. 
C) increase tax revenues and support the views of mainstream economists. 
D) decrease tax revenues and support the views of mainstream economists.

Quizplus · Accepted Answer

The Answer of  Refer to the Laffer Curve. A cut in the tax rate from T $T _ { 2 } \text { to } T _ { 1 }$ would
A) decrease tax revenues and support the views of supply-side economists. 
B) increase tax revenues and support the views of supply-side economists. 
C) increase tax revenues and support the views of mainstream economists. 
D) decrease tax revenues and support the views of mainstream economists.

Refer to the Laffer Curve T2 to T1T _ { 2 } \text { to } T _ { 1 }T2​ to T1​

Refer to the Laffer Curve $T _ { 2 } \text { to } T _ { 1 }$