12.2 Suppose everyone in a population of 140 million people is either employed or unemployed. (No one is out of the labor force.) The monthly exit rate from unemployment h is 38 percent, and the monthly separation rate from employment s is 2 percent. (a) Use the two rates, h and s, to compute the steady-state unemploy- ment rate u (b) In the steady state, people are unemployed. unemployedpeople are employed, and (c) In the steady state, how many people exit unemployment to enter employment in a month