-The curve in the figure above is known as the:
A)tax "wedge" curve.
B)Okun Curve.
C)Laffer Curve.
D)Phillips Curve.

Name: -The curve in the figure above is known as the: A)tax "wedge" curve. B)Okun Curve. C)Laffer Curve. D)Phillips Curve.
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Question

-The curve in the figure above is known as the:
A)tax "wedge" curve. 
B)Okun Curve. 
C)Laffer Curve. 
D)Phillips Curve.

Quizplus · Accepted Answer

The Laffer Curve illustrates the relationship between tax rates and the amount of tax revenue collected by governments. It suggests that there is an optimal tax rate that maximizes revenue without discouraging productivity and investment.

-The Curve in the Figure Above Is Known as The