The demand for labor is more elastic than the supply of labor. An income tax _____ the

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The demand for labor is more elastic than the supply of labor. An income tax _____ the wage rate paid by employers and _______.
A. Lowers; workers pay all the tax
B. Raises; workers pay most of the tax
C. Does not change; employers pay all the tax
D. Raises; employers pay most of the tax

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Foundations Of Economics

ISBN: 9780135897478

9th Edition

Authors: Robin Bade, Michael Parkin

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