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Suppose the Supply of Labour Is More Inelastic Than the Demand

Question 72

Multiple Choice

Suppose the supply of labour is more inelastic than the demand for labour. Then, a payroll tax imposed on employers


A) leads to the workers paying more of the tax than the employers.
B) lowers the wage rate received by workers.
C) shifts the demand curve for labour leftward.
D) Only answers B and C are correct.
E) Answers A, B and C are correct.

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