In the curve, a decline in the tax rate from c to b would
A) increase tax revenue.
B) decrease tax revenue.
C) leave tax revenue about the same as before.
D) shift the curve to the left.

Question

In the curve, a decline in the tax rate from c to b would
A) increase tax revenue. 
B) decrease tax revenue. 
C) leave tax revenue about the same as before. 
D) shift the curve to the left.

Quizplus · Accepted Answer

The Answer of  In the curve, a decline in the tax rate from c to b would
A) increase tax revenue. 
B) decrease tax revenue. 
C) leave tax revenue about the same as before. 
D) shift the curve to the left.

In the Curve, a Decline in the Tax Rate from C