MCQOPTIONS
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| 1. |
Q: The Laffer curve is the graphical representation of : |
| A. | The relationship between tax rates and absolute revenue these rates generate for the government. |
| B. | The inverse relationship between the rate of unemployment and the rate of inflation in an economy. |
| C. | The inequality in income distribution |
| D. | The relationship between environmental quality and economic development. |
| Answer» B. The inverse relationship between the rate of unemployment and the rate of inflation in an economy. | |