The first table below provides the initial demand schedule and supply schedule for the market for labor. You will use this table to identify the initial equilibrium wage and level of employment, as well as the equilibrium wage and level of employment after an increase in the number of available workers.

Wage	Quantity of Labor Demanded	Quantity of Labor Supplied
$10	650 hours worked	530 hours worked
$12	640 hours worked	560 hours worked
$14	630 hours worked	590 hours worked
$16	620 hours worked	620 hours worked
$18	610 hours worked	650 hours worked
$20	600 hours worked	680 hours worked

The table below provides the macroeconomic production function. You will use this table to identify the initial value of Potential GDP, as well as the value of Potential GDP after an increase in the supply of labor.

Quantity of Labor	Potential GDP
590 hours worked	$8,000
600 hours worked	$8,400
610 hours worked	$8,600
620 hours worked	$8,700
630 hours worked	$8,750
640 hours worked	$8,790
650 hours worked	$8,820
660 hours worked	$8,830

An increase in the number of available workers shifts the labor supply to the right by 40 hours worked. You will use the information provided above to identify the effect of this increase on the equilibrium wage rate, level of employment, value of Potential GDP, and worker productivity (defined, here, as potential output per hour worked).

Identify and quantify the effect of this increase in the number of available workers on: 1) the equilibrium wage rate, 2) the level of employment, 3) the value of Potential GDP, and 4) the value of worker productivity (measured in dollars per hour worked). Round all answers to the nearest one-hundredth. For values measured in dollars, round to the nearest penny.