Wjhat would affect the equilibrium real wage

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Reference no: EM13202444

Explain how each of the following would affect the equilibrium real wage, and equilibrium level of employment.
a. A relaxation of immigration laws which leads to a large increase in the number of immigrants entering the country.
b. An applications of technology to education which improve the abilities of high school seniors.
c. A kind of trade liberalization which makes room for all firms to export to a greater set of foreign markets.

Reference no: EM13202444

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