Multiple Choice
Refer to the information provided in Figure 19.1 below to answer the question(s) that follow. 
Figure 19.1
-Refer to Figure 19.1. Initially after the payroll tax is imposed, there will be
A) an equilibrium in the labor market.
B) an excess demand for labor of 100 units.
C) an excess supply of labor of 150 units.
D) an excess supply of labor or 100 units.
Correct Answer:
Verified
Correct Answer:
Verified
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