2. In a country named Ecolandia, the government is facing a budget deficit. a. Will it impact the supply or the demand curve? In which direction? Show in the supply- demand curve. b. How does the budget deficit impact the equilibrium interest rate and equilibrium quantity of loanable funds?3. Total Adult Not working and looking for Not in the labor Population population work force 170 million 120 million 30 million 25 million 1. Calculate the number of employed people and employment rate 2. Calculate labor force and labor force participation rate and u-rate