Multiple Choice
Use the following diagram to answer the following questions.
-Refer to Payroll. The area of G + K represents:
A) labor's earnings in the absence of a payroll tax.
B) the amount of the payroll tax remitted to the federal government.
C) labor's earnings after a payroll tax.
D) value of the output produced by labor.
Correct Answer:

Verified
Correct Answer:
Verified
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