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

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Academic Level: Undergrad. (yrs 3-4)

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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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This question was answered on: 10 May, 2025

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


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