Search results for keyword: laffer
Back-bent labor supply curve
Aggregate Supply and Output Growth
The aggregate supply and output growth relationship is an important component of macroeconomic analysis. It describes the relationship between the economy’s output and its aggregate supply of goods and services. This relationship can be analyzed in terms of agg......
08/07/2023 
1057 
Emily
laffer tax ideas
Adam Smith and the Theory of Taxation
Adam Smith was the father of modern economics and his contributions to the development of classical economics are undeniable. One of the most impactful parts of his writings was his theories on taxation and public finance. His framework for taxation has had a......
laffer Curve
Lagrange Curve
Lagrange curve is a type of parametric curve that can be used to represent points in a plane. Lagrange curves are defined by an equation that contains two parameters, usually a and b. These two parameters determine the type of curve and its shape. The curve is determined by an equa......
tax smoothing theorem
The laffer Curve and Tax Smoothing
The laffer Curve has been a popular economic theory in the past four decades, especially as it relates to taxes. The crux of the argument is that there is an optimal level of tax rates which will produce the highest level of government revenue. This theory is usu......
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