NLMB4700 NLMB4700
  • 04-01-2020
  • Social Studies
contestada

When tax rates are too high, a decrease in tax rates will cause a(n) __________ in the tax revenue.

Respuesta :

rejkjavik rejkjavik
  • 04-01-2020

Answer:

decrease.

Explanation:

The laffer curve is a curve that is used to describe the relationship between the tax rate and tax revenue. if government-induced high tax rates then it directly affects the tax revenue due to the negative impact on investment activities. while on the other side if the government cut the tax rate then it will encourage the economic stability and enhance the tax revenue

Answer Link

Otras preguntas

What is the main reason the United States backed South Vietnam?
Pedro has determined that the probability his shot will score in a lacrosse game is 0.30. What is the probability that he will score on two consecutive shots?
When the United States was founded, who could vote?
What were the decades long conflicts between the US( United States)and the Soviet Union referred to?
There were many disputes between farmers and cattlemen in the American West in the late 19th century over land use. Cattlemen wanted to use the open prairie to
In complete sentences, explain how it is used to convey meaning in the poem. Your voice is like bells over roofs at dawn When a bird flies And the sky changes t
How can 52/9 be expressed as a decimal?
Help please!!!! Complete the following
The MacArthur Constitution stated that was _________ not a natural right of the Japanese.
what is the classification for this polynomial u^2v^3w? A.) monomial B.)binomial C.)trinomial