c) Suppose the government of country A decides to implement a new law that imposes a minimum real wage of 1.75. Redo parts (a) and (b). Explain in words which country has a better standard of living & why. (15 points) Support your answer with one NEW set of diagrams, one for the (Country A) loanable funds market and one for the (Country A) foreign exchange market. Be sure to label the initial and new long-run equilibrium points and provide an explanation on whether the values of variables of interest change or remain unchanged.