A) Be Caused by a Shift in the Aggregate Supply $\mathrm { AS } _ { 1 } \text { to } \mathrm { AS } _ { 2 }$

question 197

Multiple Choice

• A) be caused by a shift in the aggregate supply curve from A \(\mathrm { AS } _ { 1 } \text { to } \mathrm { AS } _ { 2 }\)
• B) be caused by a shift in the aggregate supply curve from A \(\mathrm { AS } _ { 1 } \text { to } \mathrm { AS } _ { 3 }\)
• C) result in a movement along the aggregate demand curve from \(e _ { 1 } \text { to } e _ { 2 }\)
• D) result in a movement along the aggregate demand curve from \(e _ { 3 } \text { to } e _ { 1 } \text {. }\)

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Definitions:

Payroll Tax

A tax imposed on employers or employees, and is usually calculated as a percentage of the salaries that employers pay their staff.

Tax Collections

The process by which governmental authorities, such as the IRS in the United States, collect taxes from individuals and businesses.

Payroll Tax

Taxes imposed on employers or employees, usually calculated as a percentage of the salaries that employers pay their staff.

Labor Market

The supply and demand for labor, where workers find employment and employers find workers.