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(see graph atatched) i dont understand how to get the 11% & 3.2% graphed on this would you show me and write instruction on how

(see graph atatched) i dont understand how to get the 11% & 3.2% graphed on this

would you show me and write instruction on how you did it

According to Borjas(2003),immigration into the United States increased the labor supply of working men by11.0%from 1980 to 2000 and reduced the wage of the average native U.S. worker by3.2%.Draw asupply-and-demanddiagram and label the axes to illustrate what happened.

Consider the labor market illustrated in the figure to the right.

1.)Using the line drawingtool,

graph a new labor supply curve. Label this curve

'Upper S squaredS2.'

2.)Using the point drawingtool,

indicate the new market equilibrium wage and employment level. Label this point

'e 2e2.'

Carefully follow the instructionsabove,and only draw the required objects.

image text in transcribed

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