Who Bears Most of the Burden of a Mandate Requiring

question 101

Multiple Choice

Who bears most of the burden of a mandate requiring employers to provide health insurance?

• A) workers, since labor supply is less elastic than labor demand
• B) employers, since labor demand is less elastic than labor supply
• C) capital owners, since labor supply and demand elasticities are equal
• D) the federal government, since the requirement is a federal mandate

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Definitions:

Galveston

A coastal city in Texas, known for its historic significance, including the Galveston Hurricane of 1900, one of the deadliest natural disasters in US history.

Natural Disaster

Catastrophic events caused by nature such as earthquakes, hurricanes, floods, or tornadoes, which can result in significant damage and loss of life.

1900

A year that marks the beginning of the 20th century, noted for various historical, cultural, and technological developments around the world.

Racial Conventions

Socially constructed beliefs, practices, and norms that define and differentiate races, often leading to discrimination and societal inequalities.