Which of the Following Is Not Correct

question 27

Multiple Choice

Which of the following is not correct?

• A)Economists who argue that labor taxes are highly distorting believe that labor supply is fairly elastic.
• B)Economists who argue that labor taxes are not highly distorting believe that labor supply is fairly inelastic.
• C)Economists who argue that labor supply is fairly inelastic cite elderly workers who adjust the date they retire as an example.
• D)Economists who argue that labor supply is fairly elastic cite workers who adjust the hours of overtime that they work as an example.