Let the separation rate s be 0.025, so that each period 2.5 percent of the employed become unemployed. Use this to answer the following questions. Suppose the job offer rate is p = 0.5 and unemployment benefits are b = 1.2. Solve (to the full accuracy of your calculator) for the numerical values of (a) the reservation wage w.; (b) H(w.); (c) the equilibrium unemployment rate U