Discuss in words how the equilibrium values of labor


Competitive factor markets and fixed supplies of the factors of production, graphically illustrate the impact of a change in immigration policy in a country that permits a huge influx of foreign workers into the labor market, ceteris paribus in an economy with flexible prices. Be sure to label: i. the axes; ii. The curves; iii. The initial equilibrium values; iv. The direction the curve's shift; and v. the terminal equilibrium values. Discuss in words how the equilibrium values of labor, the real wage, saving, investment, and the real interest rate change. 

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Macroeconomics: Discuss in words how the equilibrium values of labor
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