## Answers

OPTION: a lower tax rate always produces higher tax revenue.

EXPLANATION:

As per Laffer Curve, higher tax rate may discourage people from working resulting in lower tax revenue.

On the other hand, reduction in tax rates may stimulate the economic activities and investment resulting in higher tax revenues.

.#### Similar Solved Questions

1 answer

##### A person steps out of the shower and dries off. the person's skin with an emissivity...

a person steps out of the shower and dries off. the person's skin with an emissivity of 0.70 has a total area of 1.2 m^2 and a temperature of 33°C. what is the net rate at which energy is lost to the room through radiation by the naked person if the room temperature is 24°C? TIDLALLL...

1 answer

##### Please show the correct answer for it. I have tried it not 0C and -3.89e-6 C...

Please show the correct answer for it. I have tried it not 0C and -3.89e-6 C and 3.89e-6C. 4. +1 points My Notes Ask Your Teacher The two spheres in the figure are charged. Each has a mass of 0.57 kg. The lower mass is rigidly attached to the floor, with a charge of 9.6 x 103 C. The mass above it is...

1 answer

##### Question 11 Which of the following goods are likely to be sold in a monopolistically competitive...

Question 11 Which of the following goods are likely to be sold in a monopolistically competitive market? jeans breakfast cereal electricity distribution in Chicago postage stamps # w...

1 answer

##### Dantzler Corporation is a fast-growing supplier of office products. Analysts project the following free cash flows...

Dantzler Corporation is a fast-growing supplier of office products. Analysts project the following free cash flows (FCFS) during the next 3 years, after which FCF is expected to grow at a constant 8% rate. Dantzler's WACC is 14%. 1 2 Year FCF ($ millions) - $11 $28 $39 The data has been collecte...

1 answer

##### Bridgeport Corporation purchased Johnson Company 3 years ago and at that time recorded goodwill of $310,000....

Bridgeport Corporation purchased Johnson Company 3 years ago and at that time recorded goodwill of $310,000. The Johnson Division’s net assets, including the goodwill, have a carrying amount of $620,000. The fair value of the division is estimated to be $830,000. Prepare Bridgeport journal ent...

1 answer

##### If the sum of three consecutive integers is 39, what are the three integers?

If the sum of three consecutive integers is 39, what are the three integers?...

1 answer

##### Experiment 12: Generating Hydrogen Gas Part B: Molar mass of unknown metal Unknown #: Mass of...

Experiment 12: Generating Hydrogen Gas Part B: Molar mass of unknown metal Unknown #: Mass of unknown metal (X) .29 Volume of H2 gas L mL Temperature of H; gas 20 mm к C Atmospheric pressure (see barometer) Vapor pressure of water mmHg Partial pressure of H; gas mmHg atm Using PV-nRT and your ...

1 answer

##### Let K be a cone with a circular bottom, that has a radius r, and the...

Let K be a cone with a circular bottom, that has a radius r, and the apex is directly above the center of the bottom. Let h represent the height of the cone. Show that the surface area of the cone K without the bottom is equal to pi * r * sqrt(r^2 + h^2) . (Use that a sector that is given with angle...

1 answer

##### B. Johnson Chemicals is considering two options for its supplier portfolio. Option 1 uses two local...

B. Johnson Chemicals is considering two options for its supplier portfolio. Option 1 uses two local suppliers. Each has a "unique-event risk of 4.5%, and the probability of a "super-event" that would disable both at the same time is estimated to be 1.4%. Option 2 uses two suppliers lo...

1 answer

##### (1) Find the present value (one period before the first payment) of an annuity- immediate that...

(1) Find the present value (one period before the first payment) of an annuity- immediate that lasts five years and pays $3,000 at the end of each month, using a nominal interest rate of 3% convertible monthly. Then repeat the problem using an annual effective discount rate of 3%. Which is higher? W...

1 answer

##### Need Help? Read 13. -/3 points SerPOPS 4.P.028.WI. An object of mass m the figure -...

Need Help? Read 13. -/3 points SerPOPS 4.P.028.WI. An object of mass m the figure - 4.00 kg placed on a frictionless, horizontal table is connect My Notes Ask Your Teacher a string that passes over a pulley and then is fastened to a hanging object of mass my 7.50 s shown in (a) Draw free body diagra...

1 answer

##### PI is located at (-2,0,0) m. P2 IS located at (1,4,0) m. l ne voltage difference...

PI is located at (-2,0,0) m. P2 IS located at (1,4,0) m. l ne voltage difference when moving Trom P1 to P2 IS Δ V-25 V. Wnlch of following uniform (constant direction and magnitude) electric fields could yield this voltage difference? Select all that are True. E = (-7x-1^-29 N/C 0 E = (-3x-49)...

1 answer

##### Please solve using Matlab !!! HW3_7 A trough of length L has a cross section in...

Please solve using Matlab !!! HW3_7 A trough of length L has a cross section in the shape of a semicircle with radius r. When filled with water to within a distance h of the top, the volume, V of water is V = 2 [0.57ır? – r? arcsin (*) – h (p2 – h2,1/2] Suppose L = 10 ft, r =...

1 answer

##### 8. (a) Sketch the tree with Prüfer code: 1 2130 45 0 (b) Sketch the tree...

8. (a) Sketch the tree with Prüfer code: 1 2130 45 0 (b) Sketch the tree with Prüfer code: 4 4 4 4 4 4 4...