The Working age population of an imaginary country is 105 million people. Labor supply is given by N-200-2((W/P)(W/P)) +5(W/P), where W/P denotes real wages and N denotes the number of people employed. Labor demand is given by W/P=10-N/12. A) What is the equilibrium wage rate if there are 70,08 million inactive people? Is another equilibrium wage rate possible? If so, what is it, and how many inactive people will there be in an economy? (8 marks) B) what is the (not necessarily equilibrium) wage rate that would minimize the number of inactive people? (9 marks) C) what would be the number of inactive workers at that wage rate? (8 marks)