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In the Labor Market Depicted in Figure 7

Question 62

Multiple Choice

In the labor market depicted in Figure 7.3, an increase in the income tax would result in:


A) a shift in labor supply from In the labor market depicted in Figure 7.3, an increase in the income tax would result in: A) a shift in labor supply from to . B) a shift in labor demand from to . C) a shift in labor demand from to . D) no change in either the labor supply or demand curve. E) None of these answers is correct. to In the labor market depicted in Figure 7.3, an increase in the income tax would result in: A) a shift in labor supply from to . B) a shift in labor demand from to . C) a shift in labor demand from to . D) no change in either the labor supply or demand curve. E) None of these answers is correct. .
B) a shift in labor demand from In the labor market depicted in Figure 7.3, an increase in the income tax would result in: A) a shift in labor supply from to . B) a shift in labor demand from to . C) a shift in labor demand from to . D) no change in either the labor supply or demand curve. E) None of these answers is correct. to In the labor market depicted in Figure 7.3, an increase in the income tax would result in: A) a shift in labor supply from to . B) a shift in labor demand from to . C) a shift in labor demand from to . D) no change in either the labor supply or demand curve. E) None of these answers is correct. .
C) a shift in labor demand from In the labor market depicted in Figure 7.3, an increase in the income tax would result in: A) a shift in labor supply from to . B) a shift in labor demand from to . C) a shift in labor demand from to . D) no change in either the labor supply or demand curve. E) None of these answers is correct. to In the labor market depicted in Figure 7.3, an increase in the income tax would result in: A) a shift in labor supply from to . B) a shift in labor demand from to . C) a shift in labor demand from to . D) no change in either the labor supply or demand curve. E) None of these answers is correct. .
D) no change in either the labor supply or demand curve.
E) None of these answers is correct.

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