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How would each of the following affect the demand or supply of workers? In each case, determine the impact on equilibrium wage and quantity. Explain
How would each of the following affect the demand or supply of workers? In each case, determine the impact on equilibrium wage and quantity. Explain Graphically. Write down the logic of the changes in the curves, wage, and quantity.
a. Immigration increases dramatically.
b. Demand for Canadian manufactured goods declines.
c. New computerized technology increases the productivity of Canadian workers.
d. Canadian firms increase job amenities for workers.
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