Question: please view picture below: 6. The working age population in an economy is 350 million people, there are 10 million unemployed, and the (aggregate) labor

please view picture below:

6. The working age population in an economy is 350 million people, there are 10 million unemployed, and the (aggregate) labor market is shown in the table below. Hourly wage Labor demand (in Labor Supply (in rate (in ) millions) millions) 3 200 70 4 1 80 l 00 5 170 120 6 150 150 7 130 160 8 l 10 175 9 80 190 (a) What are the equilibrium wage and employment level in this market? (b) What is the employment rate? (0) What is the unemployment rate? (cl) What is the labor force participation rate? Now suppose there is an inow of 50 million immigrants into the economy. (6) What are the equilibrium wage and employment level after the inow of immigrants? (0 What is the employment rate after the inow of immigrants

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