If you know that the long-run elasticity of demand for employment is -1.00, and this is composed of -.30 substitution elasticity and -.70 scale elasticity.

Show the following:

Show graphically the effects of the following potential change in federal policy an increase in the Social Security tax rate for employers from 7.65 to 9 percent

Show the effect if the elasticity of the short-run effect is -.15. Why is it smaller than the impact?