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please solve Use the table below to answer the following questions Labor Force of an Economy Labor Force Number of People (millions) Employed 167.2 Structurally

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Use the table below to answer the following questions Labor Force of an Economy Labor Force Number of People (millions) Employed 167.2 Structurally unemployed 2.6 Cyclically unemployed 3.2 Frictionally unemployed 1.9 Instructions: Round your answers to two decimal places. a. Calculate the actual unemployment rate and the natural rate of unemployment for this economy. Actual rate of unemployment Natural rate of unemployment b. Now assume 1.2 million cyclically unemployed workers become employed At the same time, 0.6 million employed workers becom structurally unemployed. Calculate the unemployment rate and the natural rate of unemployment for this economy Actual rate of unemployment Natural rate of unemployment

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