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1 Oct 2019

A tax on labor income​ ______ which subsequently​ ______ the equilibrium quantity of labor. 

 

(i) increases the supply of labor; increases

(ii) decreases the supply of labor; decreases

(iii) increases the demand for labor; increases 

(iv) decreases the demand for labor; decreases

 

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Irving Heathcote
Irving HeathcoteLv2
7 Apr 2019

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Jeffrey
Jeffrey
JD Candidate at Stanford Law School
28 May 2020

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