MCQOPTIONS
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				| 1. | 
                                    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. | |