- Laf|fer curve
- Laf|fer curve «LAF uhr»,Economics. a curve showing a correlation between tax rates and economic activity: »
The “Laffer curve”…is a simple parabola, drawn to demonstrate that if the tax rate…rises, so does revenue (Manchester Guardian Weekly).
╂[Arthur Laffer, an American economist, who devised it]
Useful english dictionary. 2012.