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(Answered)-Economist A believes that if tax rates are cut, tax revenue is - (2025 Updated Original AI-Free Solution

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Academic Level: Undergrad. (yrs 3-4)

Paper Format: APA

Pages: 5 Words: 1375
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Question

Economist A believes that if tax rates are cut, tax revenue is likely to rise.? This economist most likely believes that

Question 1 options:
the percentage decrease in tax rates will be larger than the percentage rise in tax revenue.
the percentage decrease in tax rates will be equal to the percentage fall in tax revenue.
the percentage decrease in tax rates will be smaller than the percentage rise in tax revenue.
the percentage decrease in tax rates will occur long after the percentage rise in tax revenue.
a and d

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