please type out the correct option for both the mcq asap with proper explanation

What happens to each in the following scenario? An auto company goes bankrupt and lays off its workers, who immediately start looking for new jobs. a) U increases and EPOP is unchanged. O b) U decreases and EPOP is unchanged. O c) U decreases and EPOP increases. O d) U increases and EPOP decreases. Oe) U is unchanged and EPOP decreases. D View hint for Question 1 Question 2 After an unsuccessful search, some of the laid-off workers quit looking for new jobs. (Compare to the situation where they were laid-off but still looking.) O a) U increases and EPOP is unchanged. O b) U decreases and EPOP increases. c) U is unchanged and EPOP decreases. Od) U increases and EPOP decreases. O e) U decreases and EPOP is unchanged