This material may consist of step-by-step explanations on how to solve a problem or examples of proper writing, including the use of citations, references, bibliographies, and formatting. This material is made available for the sole purpose of studying and learning - misuse is strictly forbidden.Question 1: How many workers are employed in Equilbrium?
2100 workers are employed in equillibrium
Question 2: What is the equilibrium wage?
The equillirbium wage is $9
The Payroll tax in the United States is levied on both workers and employers. Employers pay 7.65% of wages and workers have 7.65% of their wages deducted from their paychecks each week to fund social security and medicare. The legal incidence of these two taxes...