Recall Application 1, "Shifts in the Natural Rate of Unemployment" to answer the following questions:
-According to the application, the observed Beveridge Curve relationship shifts when:
A) the economy experiences a recession.
B) the technology used in matching worker and jobs improves.
C) the technology used in educating workers improves.
D) more workers become discouraged.

Question

Quizplus · Accepted Answer

The observed Beveridge Curve relationship shifts when the technology used in matching worker and jobs improves, meaning that the curve shifts inward (towards the origin) due to increased efficiency in job matching. The other choices are not mentioned as factors that would shift the Beveridge Curve relationship in this application.