Understanding the Laffer Curve

What year did the Laffer Curve first appear in the public sphere?

• 1980

• 1978

• 1985

• 1974

Who was the Laffer Curve originally sketched for?

• Robert Schiller

• Donald Rumsfeld

• Lyndon Johnson

• Jude Winiski

What economic condition in the 1970s contributed to the popularity of the Laffer Curve?

• Low interest rates

• High unemployment

• High inflation

• Economic recession

Which popular cultural phenomenon was the Laffer Curve compared to in terms of media discussion?

• Pet Rock

• Hula Hoop

• Rubik's Cube

• Cabbage Patch Kids

What aspect of the Laffer Curve is emphasized as being impeccable?

• Its media coverage

• Its political influence

• Its artistic design

• Its mathematical foundation