Lennart Nilsson/SCANPIX
-In the figure, what structure is indicated by number 1?
Definitions:
Taxes on Labor
Financial charges imposed by governments on workers' income, salaries, and wages.
Elderly
Individuals who are significantly beyond the usual age for retirement, often implying an age at which they receive certain societal or economic benefits like pensions.
Deadweight Loss
An economic inefficiency arising when there's a failure to attain or an impossibility of attaining equilibrium for a particular good or service.
Taxes on Labor
Refers to taxes imposed on wages or salaries earned, impacting the net income of employees.
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