The figure on the right depicts the labor market in equilibrium The Labor Market with employment at 50 million jobs. (Enter your response as an integer) Labor su curve Suppose traditional monetary and fiscal policy has had only limited success in promoting higher employment. Governments sometimes seek to directly stimlaehing the private sector by engineering a shift in the labor curve demand or supply In the market on the right, suppose the government seeks to directly stimulate the employment of an additional 10 million workers 1.) Using the line drawing tool, shift the demand curve such that this employment target is achieved Labor demand curve Carefully follow the instructions above and only draw the required object 10 20 30 40 50 60 70 80 90 100 Quantity of labor (millions) According to your graph, the targeted increase in employment can be achieved with the payment of a subsidy to employers of $per worker. (Enter your response as an integer. Hint:the answer is the vertical distance between the old and the new demanc curve.)
