Which of the Following Workers Would Be the Best Example

question 222

Multiple Choice

Which of the following workers would be the best example of a contingent worker?

• A) an assembly-line worker who belongs to a union and has 17 years of seniority
• B) an accountant hired to help during the busy tax season
• C) an elementary school teacher who just received tenure
• D) an electrical engineer who frequently travels out of the country to the various manufacturing facilities owned and operated by his firm

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Definitions:

Perfectly Elastic

A situation in which any small change in price leads to an infinite change in quantity demanded or supplied.

Payroll Tax

Charges instituted on both employers and workers, typically a percentage of the employment remunerations.

Tax Burden

the measure of the total taxes imposed on individuals or businesses by the government.

Payroll Tax

Taxes imposed on employers and/or employees, typically based on the wages or salaries that employees earn.