Please answer 4-7

Consider The Following Info For Zenia = = GDP = $200,000,000 Population = 1,000,000 Discouraged workers = 100,000 Frictional UE rate = 2.5% Labor Force = 600,000 Structural UE rate = 3% 60,000 people who are in the labor force are currently not working 1. What is the unemployment rate in Zenia? 2. What is the cyclical rate of UE in Zenia? 3. How many people are frictionally unemployed in Zenia? 4. How many people are structurally unemployed in Zenia? 5. How many people are cyclically unemployed in Zenia? 6. What is the natural rate of UE in Zenia? 7. What is the Economic Cost of UE in Zenia? Consider The Following Info For Zenia = = GDP = $200,000,000 Population = 1,000,000 Discouraged workers = 100,000 Frictional UE rate = 2.5% Labor Force = 600,000 Structural UE rate = 3% 60,000 people who are in the labor force are currently not working 1. What is the unemployment rate in Zenia? 2. What is the cyclical rate of UE in Zenia? 3. How many people are frictionally unemployed in Zenia? 4. How many people are structurally unemployed in Zenia? 5. How many people are cyclically unemployed in Zenia? 6. What is the natural rate of UE in Zenia? 7. What is the Economic Cost of UE in Zenia