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According to Supply-Side Economists

Question 175

Multiple Choice

According to supply-side economists,


A) high tax rates discourage productive market exchanges because it pays for you to work less at your regular job and more at household tasks.
B) high marginal tax rates encourage additional work to make up for the lost income due to the high taxes.
C) people are rarely confronted with work-leisure decisions.
D) when operating at the upper portion of the Laffer curve,tax cuts result in tax revenue decreases.

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