Figure 8-20
On the vertical axis of each graph,DWL is deadweight loss. 
-Refer to Figure 8-20.Which graph correctly illustrates the relationship between the size of a tax and the size of the deadweight loss associated with the tax?
Definitions:
Human Capital
The collective skills, knowledge, and other intangible assets of individuals that can be used to create economic value.
Projection
The act of estimating or forecasting future conditions, trends, needs, or values based on current data or trends.
HR Estimates
Predictions or assessments regarding human resources aspects, such as staffing levels, made to support planning and decision-making.
Short-Run Forecast
A prediction of future events or trends that is focused on a relatively immediate time frame.
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