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If the Compensated Elasticity of Supply of Labor Is Zero

question 28

True/False

If the compensated elasticity of supply of labor is zero, then a tax on labor earnings will have zero excess burden.


Definitions:

Conscience

An inner feeling or voice acting as a guide to rightness or wrongness of one's behavior.

Sincerely

A form of sign-off in correspondence that indicates genuineness and goodwill.

Spelling

The act of correctly sequencing the letters that form a word when writing or naming them.

Permitted

Allowed or authorized by law or by some authority.

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