1 True or false? For each of the following statements, decide whether it is true or false, and explain your answer in at most two sentences using the material you learned in the course. No points will be given without an appropriate explanation! Question 1.1 Rigid wages are a source of involuntary unemployment. I Question 1.2 Over centuries, new technologies have been displacing workers out of their jobs. I Question 1.3 The aggregate labor supply curve is increasing because individuals always want to work more when they are offered a higher wage. Question 1.4 The labor income tax should always be paid by rms because this leaves more money in the pockets of the workers. Question 1.5 A move along the Beveridge curve indicates changing business cycle condi- tions, while a shift of the Beverage curve indicates fundamental changes in the matching process in the labor market. Question 1.6 It would be preferable if the labor market turnover was much lower than it is now