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The Laffer Curve
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Problem 10
The Laffer Curve
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6. Introduction to Taxes and Subsidies / The Laffer Curve / Problem 6
Problem 6
What is the formula for calculating tax revenue?
A
Tax amount plus the quantity exchanged.
B
Tax amount minus the quantity exchanged.
C
Tax amount multiplied by the quantity exchanged.
D
Tax amount divided by the quantity exchanged.
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