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l The wage setting equation: W : P(1 - 2u + z), where u is the unemployment rate and z is the unemployment benet payment.

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l The wage setting equation: W : P(1 - 2u + z), where u is the unemployment rate and z is the unemployment benet payment. Given 2 is 6% and the natural rate of unemployment is 8%, what is the markup? (round to the nearest decimal): O a, All of the answers here are incorrect O b. 17.7% O C' 15.1% 0 d. 9.2% 0 (.3, 11.1%

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