Question: answer all parts please Problem 5: Labor Supply and Demand, in words and diagrams Show in a diagram, and explain in words, how each of

 answer all parts please Problem 5: Labor Supply and Demand, in

answer all parts please

words and diagrams Show in a diagram, and explain in words, how

Problem 5: Labor Supply and Demand, in words and diagrams Show in a diagram, and explain in words, how each of these would affect employment and wages in a relevant labor market that is initially characterized by competitive equilibrium. Indicate any cases in which unemployment would be likely to result. a) Learning losses attributable to COVID-era school closures cause a decrease in the productivity of workers. b) Buoyed by good post-pandemic health but concerned about their retirement savings, a substantial number of employees in their 60s re-enter the workforce. ) Cheaper, more-readily-available Al technology causes a reduction in the demand for entry-level financial analysts (assume that, by long-standing agreement, industry wages are fixed). d) Cheaper, more-readily-available Al technology causes a reduction in the demand for entry-level financial analysts (assume that wages are flexible). e) Cheaper, more-readily-available Al technology causes an increase in the demand for financial-industry workers who are trained to work with large language models (assume that wages are flexible)

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