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