If the Labor Supply Curve Is Nearly Vertical,a Tax on Labor

question 20

Multiple Choice

If the labor supply curve is nearly vertical,a tax on labor

• A)has a large deadweight loss.
• B)raises a small amount of tax revenue.
• C)has little impact on the amount of work that workers are willing to do.
• D)results in a large tax burden on the firms that hire labor.

---

Definitions:

Whiteness

A concept generally used to describe the social advantages that come with being perceived as white in a society.

Political Equality

A principle that emphasizes equal rights and opportunities in participating in political activities and decision-making processes for all citizens.

Right To Vote

The legal right granted to eligible citizens to participate in the election process and select their representatives and leaders.

Concept Of Liberty

The philosophical and political principle that emphasizes the freedom of individuals from coercion or constraints by others or the government.