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{2-1 Consider the MP model. low unemployment is a commonly pursued goal of governments. A subsidy, 5, given to rms to encourage more hiring is

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{2-1 Consider the \"MP model. low unemployment is a commonly pursued goal of governments. A subsidy, 5, given to rms to encourage more hiring is a policy option that can be implemented 1with the intended goal of increasing employnlent and reducing the unemployment rate. {16 marks) c) Determine the equation that determines the supply side of the market V(Q) and the demand side of the market, em(1/j,1). (4 marks)

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