Question 31 1.5 pts Assume the country of Laboria. In July 2020, the labor force is 100 million people and the rate of unemployment is 10%. Assume further that the fraction of employed workers who lose their jobs each month (job separation rate, 5) is 0.02. How many people lost theirjobs in July 2020? O 1.8 million. 0 10 million. 0 18 million. 0 0.13 million. Question 32 1.5 pts When the real wage is above the level that equilibrates supply and demand: O the quantity of labor supplied exceeds the quantity demanded. O the labor market clears. O there is no unemployment. O the quantity of labor demanded exceeds the quantity supplied. Assume an Economy represented by the following equations: Y=1,200 C=500+0.5(YT) l=200 -10r G=300, T=400. As a leading economist in the country, you have to use the Classical model with xed income (Chapter 3) to analyze the Economy.... Question: If government increases taxes, T, from 400 to 500, equilibrium level of investment, I, will become? 0 100 050 O 150 075