Economist A believes that if tax rates are cut, tax revenue is likely to rise
January 12th, 2018
Economist A believes that if tax rates are cut, tax revenue is likely to rise. This economist most likely believes thatQuestion 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