Respuesta :
According to the Laffer curve there is zero revenue collected by the government at tax rates of 0% and 100% that is option D is correct.
A Laffer curve may be defined as the graphical representation of the relation between the tax rates of the government and the revenue collected by the government. In the curve the revenue is placed at the y axis and the tax rates are placed at the x axis. This curve may be used to understand the concept of supply side theories. This may also be used to understand that cutting down the tax rates by the government may increase the total revenue of the government within the country. In the curve, it can be clearly seen that at tax rate 0% the curve shows value of revenue as zero. After this the tax rate and revenue increases till it reaches a maximum and then starts decreasing and again at tax rate 100% the revenue becomes zero.
Learn more about Laffer curve at:
brainly.com/question/25558844
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