The demand for labor is more elastic than the supply of labor. A Social Security tax imposed
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The demand for labor is more elastic than the supply of labor. A Social Security tax imposed equally on workers and employers ______.
A. Raises the wage rate by more than the Social Security tax
B. Decreases employment and workers pay most of the tax
C. Increases the wage rate paid by employers by the amount of the tax
D. Is fair because workers and employers pay the same amount of tax
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