In the Keynesian DMP model,if the wage is high then
A) the vacancy rate is low.
B) the unemployment rate is low.
C) labor market tightness is high.
D) the labor force must be low.
Correct Answer:
Verified
Q17: The participation rate is
A) countercyclical
B) more variable
Q18: The matching function exhibits all of the
Q19: In the 1948-2012 data,the unemployment rate was
Q20: The negative correlation between the vacancy rate
Q21: A market failure associated with Keynesian economics
Q23: In the DMP model,a decrease in productivity
A)
Q24: In the DMP model,an increase in the
Q25: In the DMP model,a decrease in the
Q26: In the Keynesian DMP model
A) There is
Q27: A decrease in matching efficiency
A) can never
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