The incidence of a payroll tax

a. depends upon whether it is levied on the employer or employee.
b. is the same whether it is levied on the employer or the employee.
c. is more heavily on the employee as demand for labor becomes more elastic.
d. is more heavily on the employer as demand for labor becomes less elastic.

b

Economics

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The selling price of a property is $96,000. This can be financed if the buyer can put 10 percent down and pay a loan origination fee of 1.5 percent. How much cash must the buyer produce to complete this transaction?

A) $10,080 B) $10,896 C) $11,040 D) $11,084

Economics

In the early 1900s,

a. federal and state governments typically supported management and opposed labor unions. b. "government by injunction" was a strong weapon for combating strikes. c. using troops to break strikes was considered a legitimate use of police power. d. the Supreme Court upheld employers' use of antiunion contracts. e. All of the above.

Economics