Consider a simple model where workers can be either employed or unemployed.Suppose the labour force is L = 50 million workers, the job separation rate is 2% per month, thejob finding rate is 18% per month, and the unemployment rate is 5%. Which of the following is true?(a) The employment market is at steady state.(b) There are currently more workers losing their jobs than there are unemployed workers findinga job.(c) There are currently less workers losing their jobs than there are unemployed workers findinga job.(d) None of the above.