QUESTION 20 Consider the following supply/demand diagram of the labor market and please fill in all of the blanks below. Wage ($ / hr) S D 2 3 4 5 6 7 9 9 10 # of Workers 1. The equilbirum wage is dollars per hour and the equlibrium level of employment is workers . 2. If the government set the minimum wage to $4 per hour, then workers would be employed and workers would be unemployed. 3. If the government set the minimum wage to be $7 per hour, then workers would be employed and workers would be unemployed. 4. The unemployment generated in question (3) is (choose one: frictional, cylical, or structural). 5. At a minimum wage of $7, the unemployment rate in this labor market is percent (please round your answer to 2 decimal places)