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Plot the points on the graph using the scale 1 square = 1 unit. , , , ,
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.
Equilibrium
A state in economics where demand equals supply, resulting in a stable market price and quantity.
Take Home Pay
The amount of income left after deductions such as taxes and retirement contributions are taken out of an individual's gross salary.
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