Can you review the Memo attach and answer the questions in the memo.  The spreadsheet has the data that is reflected in the memo.  Please spell out the whole process using the memo. Thanks

 

 

Using the attached memo and the spreadsheet, can you answer the questions stated in the memo.
 

general equilibrium effects affected unaffected vage=new-old/old ge in labor demand / % change in wages e in labor demand/51.8 change in labor demand #unaffected unaffected % change in wage for unaffected unemploye d 20.4057036 workers before 4,519 workers % unaffected after change 4,534 0.3161 wage 2.35950532 646 3.74251 1,291 647 0.2558 1,294 0.2029 4.31641414 1,937 1,940 0.156 4.21242324 2,582 2,585 0.1142 workers income income after before after -0.32% 7.22706167 14500 21920 -0.39% 7.7197059 15500 -0.49% 8.20933711 16500 -0.64% 8.69391026 17500 -0.88% 9.16898844 18500 income income before after 14500 14454 21920 15500 15439 21920 16500 16419 21920 17500 17388 21920 18500 18338 2.12089731 1,937 1,938 0.0767 1.18378646 0.22256581 1,937 1,291 1,938 0.0428 1,291 0.0121 19500 19246 -1.30% 9.62280106 19500 21920 -2.34% 10.0104209 20500 21920 20500 20021 -8.29% 9.85904195 21500 21920 21500 19718