What is the “Laffer Curve” in economic theory? - Study24x7
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Dev kumar
29 Aug 2024 11:44 AM study24x7 study24x7

What is the “Laffer Curve” in economic theory?

A

A representation of the relationship between tax rates and tax revenue

B

A model explaining the balance of trade

C

A graph showing the correlation between inflation and unemployment

D

A depiction of the business cycle phases

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