Multiple Choice
Most labor economists believe that the supply of labor is
A) less elastic than demand and, therefore, firms bear most of the burden of the payroll tax.
B) less elastic than demand and, therefore, workers bear most of the burden of the payroll tax.
C) more elastic than demand and, therefore, workers bear most of the burden of the payroll tax.
D) more elastic than demand and, therefore, firms bear most of the burden of the payroll tax.
Correct Answer:
Verified
Related Questions
