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Author Question: A payroll tax is imposed on two types of labor: welders and machinists. In the short run, the ... (Read 564 times)

fnuegbu

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on: Apr 19, 2019

Question 1

________ of the payroll tax if labor supply is perfectly elastic.


◦ Employees will bear the full burden
◦ Employers will bear the full burden
◦ Employers and employees will evenly share the burden
◦ If labor supply is perfectly elastic, there is no tax burden.

Question 2

A payroll tax is imposed on two types of labor: welders and machinists. In the short run, the elasticity of labor supply of welders is much more elastic than the elasticity of labor supply of machinists. Which of the following is 
true?


◦ In the short run, welders will bear a larger share of the payroll tax than machinists.
◦ In the short run, machinists will bear a larger share of the payroll tax than welders.
◦ In the short run, welders and machinists will bear the same share of the payroll tax, but in the long run, machinists will bear a larger share of the payroll tax than welders.
◦ There is not enough information to determine the relative shares of the payroll tax for welders and machinists in either the short run or the long run.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by fnuegbu on Apr 19, 2019

dawsa925

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Reply #1 on: Apr 19, 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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Aahan Pandey

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Reply #2 on: Oct 29, 2020
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