In 1993 the federal government boosted income tax rates. The change in tax revenue that

occurred in the seven years that followed

Select one

a. supported the claims of supply-side economists and the Laffer Curve

b. caused productivity growth to slow

D

C

significantly increased the size of the government's budget deficit

d. contradicted the claims of supply-side economists and the Laffer Curve

Question

Armani Sloan

Mathematics

4 August, 19:24

In 1993 the federal government boosted income tax rates. The change in tax revenue that

occurred in the seven years that followed

Select one

a. supported the claims of supply-side economists and the Laffer Curve

b. caused productivity growth to slow

D

C

significantly increased the size of the government's budget deficit

d. contradicted the claims of supply-side economists and the Laffer Curve

+2

Answers (1)

Know the Answer?

Lacey Freeman · Answer 1

Answer: D. contradicted the claims of supply-side economists and the Laffer Curve

Step-by-step explanation: In 1993 the federal government boosted income tax rates. The change in tax revenue that occurred in the seven years that followed: contradicted the claims of supply-side economists and the Laffer Curve.