2. Consider the following information on the U.S. economy. (10 points) U.S. Working-Age population: 300 million Employed workers: 200 million Unemployed workers: 60 million Discouraged workers: 10 million a) What is the Labor Force? b) What is the Labor Force Participation Rate? c) What is the unemployment rate? d) If frictional unemployment is 2% and structural unemployment is 2.3%, what is the natural rate of unemployment? Using your answer to (c), what is the cyclical unemployment rate