In Eurozone data vacancies from 2009 to 2015 as measure by the help-wanted index are:
A)procyclical as the model predicts.
B)countercyclical as the model predicts.
C)procyclical the opposite the model predicts.
D)countercyclical the opposite the model predicts.

Question

Quizplus · Accepted Answer

Job vacancies in the Eurozone from 2009 to 2015 were procyclical, meaning they moved in the same direction as the overall economy, which aligns with the predictions of economic models that suggest job vacancies increase during economic expansions and decrease during recessions.

In Eurozone Data Vacancies from 2009 to 2015 as Measure