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graphical record vs Laffer curve

Laffer curve vs graphical record

graphical record and Laffer curve both are nouns.

Word NounAdjectiveVerbAdverb
graphical record Yes No No No
Laffer curve Yes No No No
As nouns, Laffer curve is a hyponym of graphical record; that is, Laffer curve is a word with a more specific, narrower meaning than graphical record:
  • graphical record: a visual representation of the relations between certain quantities, represented as points, plotted with reference to a set of axes
  • Laffer curve: 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
graphical record (noun) Laffer curve (noun)
a visual representation of the relations between certain quantities, represented as points, plotted with reference to a set of axes 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
Difference between graphical record and Laffer curve

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