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The Laffer Curve
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Problem 1
Problem 2
Problem 3
Problem 4
Problem 5
Problem 6
Problem 7
Problem 8
Problem 9
Problem 10
The Laffer Curve
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6. Introduction to Taxes / The Laffer Curve / Problem 7
Problem 7
If a tax of \$5 is imposed on a good and 100 units are exchanged, what is the total tax revenue?
A
\$50
B
\$500
C
\$100
D
\$5
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