True/False
If the compensated elasticity of supply of labor is zero, then a tax on labor earnings will have zero excess burden.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q23: The current price of compact discs, which
Q24: If a per unit tax is imposed
Q25: A lump-sum tax:<br>A)distorts market prices so that
Q26: A tax on land results in an
Q27: The market supply of labor is perfectly
Q29: Which of the following is true about
Q30: Lump-sum taxes can vary in amount based
Q31: An income tax is an example of
Q32: The supply of new cars is perfectly
Q33: If the price elasticity of supply of