-In the above figure, the relationship between the tax rate and tax revenue is positive and becoming less steep between tax rates of

Name: -In the above figure, the relationship between the tax rate and tax revenue is positive and becoming less steep between tax rates of
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The relationship between tax rate and tax revenue is typically positive and less steep at lower tax rates, such as between 0 per cent and 30 per cent, as revenue increases with the tax rate but at a decreasing rate.

-In the Above Figure, the Relationship Between the Tax Rate