Word | Noun | Adjective | Verb | Adverb |
---|---|---|---|---|
Laffer curve | Yes | No | No | No |
graphical record | Yes | No | No | No |
Laffer curve (noun) | graphical record (noun) |
---|---|
a graph purporting to show the relation between tax rates and government income; income increases as tax rates increase up to an optimum beyond which income declines | a visual representation of the relations between certain quantities, represented as points, plotted with reference to a set of axes |