Consider a simple model where workers can be either employed or unemployed. Suppose the labour force is L = 300 million workers, the job separation rate is 4% per month and the job finding rate is 36% per month. Which of the following is true? Group of answer choices In steady state, fewer workers are losing their jobs than there are unemployed workers finding a job In steady state, 108 million workers are employed None of the other options In steady state, 12 million workers are unemployed

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