Refer to the diagram. Supply-side economists believe that tax rates are typically
A) such that an increase in tax rates will increase tax revenues.
B) at some level below b.
C) at some level above b.
D) at d.

Question

Refer to the diagram. Supply-side economists believe that tax rates are typically
A) such that an increase in tax rates will increase tax revenues. 
B) at some level below b. 
C) at some level above b. 
D) at d.

Quizplus · Accepted Answer

The Answer of  Refer to the diagram. Supply-side economists believe that tax rates are typically
A) such that an increase in tax rates will increase tax revenues. 
B) at some level below b. 
C) at some level above b. 
D) at d.

Refer to the Diagram