(15 points) Answer the following questions about your own experience in the labor force: 1) (5 points) When you or one of your friends is looking for a part-time job, how many weeks does it typically take? After you find a job, how many weeks does it typically last? 2) (5 points) From your estimates, calculate (in a rate per week) your rate of job finding f and your rate of job separation s. (Hint: If f is the rate of job finding, then the average spell of unemployment is 1/f.) 3) (5 points) What is the natural rate of unemployment for the population you represent? (15 points) Answer the following questions about your own experience in the labor force: 1) (5 points) When you or one of your friends is looking for a part-time job, how many weeks does it typically take? After you find a job, how many weeks does it typically last? 2) (5 points) From your estimates, calculate (in a rate per week) your rate of job finding f and your rate of job separation s. (Hint: If f is the rate of job finding, then the average spell of unemployment is 1/f.) 3) (5 points) What is the natural rate of unemployment for the population you represent