Question: (10 points) Consider the labor-market-dynamics model discussed last week. Suppose labor force L = 1, job-separation rate s is 0.1, job-finding rate f is 0.4,

(10 points) Consider the labor-market-dynamics model discussed last week. Suppose labor

(10 points) Consider the labor-market-dynamics model discussed last week. Suppose labor force L = 1, job-separation rate s is 0.1, job-finding rate f is 0.4, and U. = 0.04. Find out U2 and U3. Please provide steps for your calculation. (10 points) Consider the labor-market-dynamics model discussed last week. Suppose labor force L = 1, job-separation rate s is 0.1, job-finding rate f is 0.4, and U. = 0.04. Find out U2 and U3. Please provide steps for your calculation

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