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Need help The tables describe an economy's labour market and its production function in 2017. Real wage rate . . . . . . .

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The tables describe an economy's labour market and its production function in 2017. Real wage rate . . . . . . . (2009 dollars Labour hours Labour hours In 2017, what are the equilibrium real wage rate, the quantity of labour employed, labour productivny, and potential GDP? p... hour) supplied demanded 40 90 1 0 The equilibrium real wage rate is $ an hour. 35 80 20 30 70 30 25 60 40 20 50 50 1 5 40 60 1 0 30 70 Real GDP Labour hours (zoos dollars) 1 0 850 20 1,600 30 2,250 40 2,800 50 3,250 60 3,600 70 3,850 80 4,000

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