An increase in taxes on labour income ________ the labour supply curve and ________ the labour demand curve.

Name: An increase in taxes on labour income ________ the labour supply curve and ________ the labour demand curve.
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An increase in taxes on labour income reduces the net wage received by workers, which can decrease their willingness to work, thus shifting the labour supply curve. However, it does not directly affect the labour demand curve, which is determined by employers' needs for labour.

An Increase in Taxes on Labour Income ________ the Labour