Identify the correct answer for question 59: The Laffer curve suggests a. that, as taxation occurs, revenue will always increase b. that the poor...

Identify the correct answer for question 59: The Laffer curve suggests


a. that, as taxation occurs, revenue will always increase
b. that the poor performance of the economy was due to excessive taxation of private agents, consumers and producers
c. that reducing the tax burden would provide stimulus for economic recovery, increasing government revenue
d. that higher incidences produce lower revenues
e. that very low tax rates could be increased to generate higher tax revenues