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Make use of labour supply and demand analysis to determine the impact of the following events on the equilibrium wage and employment level in the

Make use of labour supply and demand analysis to determine the impact of the following events on the equilibrium wage and employment level in the labour market. Draw a new graph for each event.

1.1 Due to violence in Nigeria, thousands of Nigerians take refuge in South Africa.

1.2 Recent economic reports have indicated that the South African economy has formally entered into a recession.

1.3 The SA government decides to implement a job-seekers allowance.

1.4 The price of leather used in the production of leather coats increases with 50%.

1.5 Government decides to implement a minimum wage for farm workers.

1.6 South Africa is struck by a tsunami and approximately 1million are reported dead.

1.7 The SA government decides to implement a youth-wage subsidy.

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