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Rhode Island Has Enacted a Substantial Increase in the Tax

question 145

Multiple Choice

Rhode Island has enacted a substantial increase in the tax on employers that finances the workman's compensation system.For some employers, the tax is about $25 per $100 paid in wages.Employers claim they cannot afford to pay the tax.Under which of the following conditions will the actual burden of the tax fall on employers?


Definitions:

Work Hours

The period of time during which an individual is actively engaged in work tasks.

Opportunity Cost

The charge of letting go of the subsequent best choice when deliberating on options.

Tuition

The fee for instruction, especially at a formal institution of learning.

Work Hours

The amount of time an individual spends performing tasks or duties for an employer during a given period.

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