Question 31 Sarah and Jackson are working in a firm. Due to automation in the manufacturing process, Jackson lost his job. After some time, the economy is hit hard by recession, and the firm also laid off Sarah. Now, Sarah and Jackson are both unemployed. Which of the following is true for the above scenario?

A Jackson is cyclically unemployed, and Sarah is structurally unemployed.

B Jackson is structurally unemployed, and Sarah is frictionally unemployed.

C Sarah and Jackson both are cyclically unemployed.

D Sarah is cyclically unemployed, and Jackson is structurally unemployed.

E Sarah is frictionally unemployed, and Jackson is structurally unemployed.

Question 32 Use the table to answer the question that follows.

\fReal rate of interest (%) Funds demanded ($) Funds supplied ($) 2 25000 10000 4 20000 13000 6 15000 15000 8 10000 17000 10 5000 20000