Highest tax elasticity of labor supply

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Which of the following groups are likely to have the highest tax elasticity of labor supply: a) college students, b) single parents, c) primary earners in two-parent families, d) secondary earners in two-parent families, or e) retired people with average savings accounts and monthly Social Security checks coming in. Discuss which group you think is most likely to be highly tax-elastic with regard to supplying their labor to the market, AND WHY.

Reference no: EM13815954

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