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Refer to the Graph T2 to T3 and increased tax revenues from R2 to R3. T _ { 2 } \text { to } T _ { 3 } \text { and increased tax revenues from } R _ { 2 } \text { to } R _ { 3 } \text {. }

Question 112

Multiple Choice

   Refer to the graph. A movement from point C to point D on the Laffer Curve represents A)  increased tax rates from  T _ { 2 } \text { to } T _ { 3 } \text { and increased tax revenues from } R _ { 2 } \text { to } R _ { 3 } \text {. }  B)  decreased tax rates from  T _ { 3 } \text { to } T _ { 2 } \text { and increased tax revenues from } R _ { 2 } \text { to } R _ { 3 } \text {. }  C)  decreased tax rates from  T _ { 3 } \text { to } T _ { 2 } \text { and decreased tax revenues from } R _ { 3 } \text { to } R _ { 2 }  D)  increased tax rates from  T _ { 2 } \text { to } T _ { 3 } \text { and decreased tax revenues from } R _ { 3 } \text { to } R _ { 2 } Refer to the graph. A movement from point C to point D on the Laffer Curve represents


A) increased tax rates from T2 to T3 and increased tax revenues from R2 to R3. T _ { 2 } \text { to } T _ { 3 } \text { and increased tax revenues from } R _ { 2 } \text { to } R _ { 3 } \text {. }
B) decreased tax rates from T3 to T2 and increased tax revenues from R2 to R3. T _ { 3 } \text { to } T _ { 2 } \text { and increased tax revenues from } R _ { 2 } \text { to } R _ { 3 } \text {. }
C) decreased tax rates from T3 to T2 and decreased tax revenues from R3 to R2T _ { 3 } \text { to } T _ { 2 } \text { and decreased tax revenues from } R _ { 3 } \text { to } R _ { 2 }
D) increased tax rates from T2 to T3 and decreased tax revenues from R3 to R2T _ { 2 } \text { to } T _ { 3 } \text { and decreased tax revenues from } R _ { 3 } \text { to } R _ { 2 }

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