Assume that the labour demand equation for a ctional country is Lot: 30 or, where wis the wage per hour worked. Also, assume that the labour supply equation for that country is is: O.5{w]. Instructions: Round your answers to the nearest whole number. a. The equilibrium wage is $ , and the equilibrium quantity of labour employed is workers. b. At the equilibrium wage, people are unemployed. c. If the supply of workers increased. the number of unemployed would: 0 increase. 0 stay the same as long as the wage is free to quickly adjust 0 decrease. During an economic expans'lon, we would expect the rate of {Click to aelect} v unemployment to {Click to select} v _