Use the table below to answer the following questions. Table 22.3.1 Real wage rate Quantity of labour Quantity of labour demanded (2007 dollars per supplied hour) (billions of hours (billions of hours per year) per year) 15 70 10 20 60 20 25 50 30 30 40 40 35 30 50 Real GDP Quantity of labour (trillions of 2007 (billions of hours dollars per year per year) 3 20 30 40 18 50 21 60 5) Refer to Table 22.3.1. above. The tables show the labour market and the aggregate production function schedules for the country of Pickett. a) Plot (create a graph) of both the aggregate labour market and aggregate production function. Using these graphs, what is the equilibrium real wage and quantity of labour? What is the level of real GDP? (4 Marks)a) Plot (create a graph) of both the aggregate labour market and aggregate production function. Using these graphs, what is the equilibrium real wage and quantity of labour? What is the level of real GDP? (4 Marks) b) At the equilibrium in the labour market, what is the amount of labour productivity associated with that equilibrium? (Show your calculations) (2 Marks) c) If the quantity of labour supplied increases by 20 billion hours at every real wage level, what would be the new level of labour productivity? (Show your calculations) (3 marks) d) If only the quantity of labour supplied is increasing over time, what is the impact on the production function and the level growth rate of real GDP per hour over time? Fully explain your