According to the Laffer curve, when the tax rate is 100 percent, tax revenue will be a. 0. b. at the maximum value. c. the same as it would be at a 50 percent tax rate. d. greater than it would be at...

According to the Laffer curve, when the tax rate is

100 percent, tax revenue will be

a. 0.

b. at the maximum value.

c. the same as it would be at a 50 percent

tax rate.

d. greater than it would be at a 50 percent tax rate.

e. the same as it would be at a 20 percent tax rate.