Suppose people in the adult population in a small country are classified based on their age. Labor Force Status Age Less than 55 55 and Older Number employed 400,000 100,000 Number unemployed 25,000 7,000 Number in population 600,000 200,000 Refer to Table 28-2. Suppose that the natural rate of unemployment is 5% for those under 55 and 3% for those 55 and older. The cyclical unemployment rate for those under 55 is a. 0.83%, which is greater than the cyclical unemployment rate for those 55 and older. b. 0.88%, which is less than the cyclical unemployment rate for those 55 and older. c. 0.88%, which is greater than the cyclical unemployment rate for those 55 and older. d. 0.83%, which is less than the cyclical unemployment rate for those 55 and older