Answer:
Following are the solution to this question:
Explanation:
In point a:
This takes me six weeks for both the took ideas that I was searching for but it continued for 3 years (12 weeks) as it's an intern.
In point b:
Finding job:
jobs weekly
Separation of jobs:
employment per week.
In point c:
Its natural rate of unemployment is:
.
The normal level of employment for that community I represent, once we add up from that preceding section, is as follows:
![\to \frac{U}{L} = 0.083+ (0.083\times 0.166) = 0.096](https://tex.z-dn.net/?f=%5Cto%20%5Cfrac%7BU%7D%7BL%7D%20%3D%200.083%2B%20%280.083%5Ctimes%200.166%29%20%3D%200.096)
If on average, it requires six weeks to find another job or the work lasted 12 weeks, the group's unemployment level is
.