The Imposition of ________ Shifts the Labor Demand Curve Downward

question 110

Multiple Choice

The imposition of ________ shifts the labor demand curve downward.

• A) a sales tax
• B) an income
• C) a social security tax on workers
• D) a social security tax on employers
• E) Both answers C and D are correct.

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Definitions:

Margin of Safety

The difference between actual or expected sales and the sales level at which a business breaks even; it measures operational risk.

Unit Sales Price

The amount of money charged for each individual unit of a product or service.