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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...
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