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Demand for supply would be from people who provide labor in exchange for wages. An example for demand for labor would be a workforce going on strike because they believe they are getting cheated on pay. An example of labor supply would be if the salary of a job fulfilled the needs of a laborer, that laborer would put in labor for that specific job, based on the jobs salary. This all ties into fiscal policy because without the government taking charge by giving the law of minimum wage, many laborers would be getting wages lower than they should be. So, how does all of this relate to taxes?
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