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:

Stitches

A method of closing wounds with thread and a needle to promote healing and minimize scarring.

Contributory Negligence

A legal defense where if the plaintiff is found to have contributed to their own harm, they may be barred from recovery or have their compensation reduced.

Standard of Care

The degree of attentiveness, caution, and prudence that a reasonable person should exercise in a given situation.

Unreasonable Risk

A hazard or threat that is not justifiable given the circumstances, often indicating negligence or a failure to follow best practices.