The Laffer curve <span>was the rationale for an effective 25 percent decrease in tax rates during the reagan administration of the 1980’s.</span>
Answer:
B and C just took it and got it right
Explanation:
Both Germany and the UK have well industrialized economic systems since the UK was the first to develop the Industrial Revolution with its use of factories and socialized labour and the use of coal and the development of steel making, textiles etc and Germany was not far behind.