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Use the following list of events that occur one at a time : Event a: tropical storm Laura across the state of Vermont in the

Use the following list of events that occur one at a time :

Event a: tropical storm Laura across the state of Vermont in the U.S.

Event b: more oil sands are discovered in Alberta, Canada and there is more innovation in fracking and oil sands.

For each event above, explain (with words + graphs) what happens to production function, labor demand, labor supply, equilibrium quantity of labor, real wage and GDP.

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