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1-b) Suppose the following is the exact counterpart of the table above for the United States. Based on the information from the two tables, which of the following is the most plausible statement? (Choose one answer) (3 points) US Labor force status in month t+1 Total Employed Unemployed Out of the labor force (Row) Labor Employed 152,964 1,296 4,193 158,453 force (0.965) (0.008) (0.027) status in Unemployed 1,402 2,686 1,375 5,463 month t (0.257) (0.492) (0.251) Out of the labor force 4,701 1,528 89,701 95,930 (0.049) (0.016) (0.935) Total (column) 159,067 5,510 95,269 259,846 a) Conditional on being unemployed in month t, a Canadian worker has a higher probability of being unemployed for three consecutive months than a US worker. b) On average, an unemployed Canadian worker is more likely to leave the labor force in the following month compared to an unemployed US worker. 2 C) The incidence of unemployment among those employed is higher in the US. d) The gross flow from employment to out of the labor force is smaller in the US. The net change in the number of individuals in the labor force is negative for the US while it is positive for Canada. Explain the reasoning behind your choice. Your explanation must include which aspects of the remaining four statements are at odds with the information provided in the tables