(60 pts.) The U.S. Department of Labor's Bureau of Labor Statistics reported the following figures for first quarter of 2005 and first quarter of 2010 (thousands of persons): In answering the following questions, consider our simple model of unemployment dynamics, ut+1ut=s(1ut)aut where s is the separation rate, a is the accession rate, and ut is the unemployment rate at time t. a. (10 pts.) What was the steady state unemployment rate associated with the labor market figures reported in the first quarter of 2005 ? b. (10 pts.) What was the steady state unemployment rate associated with the labor market figures reported in the first quarter of 2010