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. The payroll tax imposed initially
A) reduced the equilibrium wage rate by $5 per hour.
B) increased the equilibrium wage rate by $3 per hour.
C) reduced the equilibrium wage rate by $3 per hour.
D) did not change the equilibrium wage rate.
Correct Answer:
Verified
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