NLMB4700 NLMB4700
  • 04-01-2020
  • Social Studies
contestada

When tax rates are too high, a decrease in tax rates will cause a(n) __________ in the tax revenue.

Respuesta :

rejkjavik rejkjavik
  • 04-01-2020

Answer:

decrease.

Explanation:

The laffer curve is a curve that is used to describe the relationship between the tax rate and tax revenue. if government-induced high tax rates then it directly affects the tax revenue due to the negative impact on investment activities. while on the other side if the government cut the tax rate then it will encourage the economic stability and enhance the tax revenue

Answer Link

Otras preguntas

Where did the American colonizing society want to send former slaves and free blacks to? A. The Caribbean B.t he Greek isles C. Indonesia D. Liberia
If a gas pump fills a 4/5 of a gallon in 1/9 of a minute how many gallons will it fill in a minute
what is 5 and 1/3 divided by 2/3
what is one similarity between the famine and plague of the 1300?
chlorophyll definition
A store buys shirts for $12 each and marks up the price by 25%. What is the price for a shirt at this store?
I WILL GIVE THE BRAINLIEST ANSWER. I am in film class and we just recently watched the Monty Python and the Holy Grail and he wants to know the quote about why
In "by the waters of babylon" why do John's people avoid traveling on the godroads?
In what way does the existence of minor parties also work to strengthen the United States two party system?
I need help on this i have no clue what to do !!!!! Consider all the sources of water listed on the three bars in the graph from the resource site. *Questions