Question: (d) An unusually warm summer increases workers' preference for leisure time. Show this change on your supply and demand diagram. What effect will this shock

(d) An unusually warm summer increases workers' preference for leisure time. Show this change on your supply and demand diagram. What effect will this shock have on employment and wages? (3 points) (Note this question is not a continuation of any of the previous questions.) (e) Suppose there has been an increase in female labor force participation , just like in the United States . Show how to model this change on a labor supply and demand diagram What happens to the employment "population ratio and what happens to the wage ? Explain . (5 points ) (Note this question is not a continuation of any of the previous questions.)

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