Considering all U.S.taxpayers,average tax revenue (adjusted for both inflation and the number of returns) went from $6,954 to $6,202 between 1980 and 1991.Many analysts point to these figures and claim them as proof that:
A) the Laffer curve does not exist.
B) the Laffer curve exists.
C) supply-side fiscal policy works.
D) fiscal policy has no effects.
E) monetary policy is better than fiscal policy.
Correct Answer:
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