(10 points) Suppose an advance in technology in Macroland leads to an improvement in labor
productivity at the same time that the population expands. Explain what happens to the real wage
and the full employment quantity of labor. Use a diagram of the aggregate labor market to help
explain your answer. Be sure to label all axes and curves.

Martha has a deck of cards. she has lost some of the cards, and now the deck only contains nine spades, eleven diamonds, eight clubs, and twelve hearts. martha predicts that whenever she draws a card from the deck without looking, she will draw a club one-fifth of the time. which activity would best allow martha to test her prediction? a. randomly draw a card from the box and see if it is a club. b. randomly draw a card. then, continue to draw another card until all eight clubs are drawn. c. randomly draw and replace a card 120 times. then, observe how close to 30 times a club is drawn. d. randomly draw and replace a card 100 times. then, observe how close to 20 times a club is drawn.