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Author Question: Suppose the government imposes a tax on labor income. Which of the following describe the effect of ... (Read 36 times)

aabwk4

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on: May 24, 2019
Suppose the government imposes a tax on labor income.  Which of the following describe the effect of the tax in the labor market?
i.  If the demand for labor is more elastic than the supply, workers will bear more of the tax.
ii.  Employment is not affected because workers need jobs.
iii.  The tax creates a deadweight loss.
◦ i and iii only
◦ i, ii and iii
◦ ii only
◦ iii only
◦ ii and iii
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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Marked as best answer by aabwk4 on May 24, 2019

parshano

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Reply #1 on: May 24, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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aabwk4

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Reply 2 on: May 24, 2019
YES! Correct, THANKS for helping me on my review

lkanara2

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Reply 3 on: Yesterday
Excellent

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