Refer to the following figure when answering the following questions.
Figure 7.3: Labor Market 
-In the labor market depicted in Figure 7.3, an increase in the income tax would result in a shift in labor:
A) supply from
to
.
B) demand from
to
.
C) demand from
to
.
D) supply from
to
.
E) None of these answers is correct.
Correct Answer:
Verified
Q32: An increase in the income taxes on
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Q36: The labor demand curve slopes downward because:
A)
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Q39: The net change in employment is:
A) new
Q40: In the labor market depicted in Figure
Q41: Any institutional fixed wage set above the
Q42: Refer to the following figure when answering
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