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Use the following information and graph to answer questions 1-2 The graph below shows the labor market for Construction Workers in Singapore. Suppose the Singapore
Use the following information and graph to answer questions 1-2
The graph below shows the labor market for Construction Workers in Singapore. Suppose the Singapore Development Board predicts that over the next decade immigration will result in a 20% increase in the country's population (leading to a 20% increase in the demand for all goods and services). They further predict that immigration will result in a 10% increase in the number of Construction Workers in the economy.
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