(Solved by Humans)-Economist A believes that if tax rates are cut, tax revenue is
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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