Question
1.The Beveridge curve is a(n) ______ relationship between ______ and ______. a. increasing; market tightness( ), real wage rate(w) b. decreasing; market tightness( ), real
1.The Beveridge curve is a(n) ______ relationship between ______ and ______.
a. increasing; market tightness(), real wage rate(w)
b. decreasing; market tightness(), real wage rate(w)
c. increasing; market tightness(), unemployment rate(u)
d. decreasing; market tightness(), unemployment rate(u)
2.The vacancy supply curve is a(n) ______ relationship between ______ and ______.
a. increasing; market tightness(), real wage rate(w)
b. decreasing; market tightness(), real wage rate(w)
c. increasing; market tightness(), unemployment rate(u)
d.decreasing; market tightness(), unemployment rate(u)
3, The wage setting curve is a(n) ______ relationship between ______ and ______.
a. increasing; market tightness(), real wage rate(w)
b. decreasing; market tightness(), real wage rate(w)
c. increasing; market tightness(), unemployment rate(u)
d. decreasing; market tightness(), unemployment rate(u)
4.Which of the following shifts the Beveridge curve?
a. Cost of opening a vacancy,
b.Worker's productivity,y
c.Separation rate,
d. Worker's bargaining power
5.Suppose that as the economy grows and occupations become more specialized, matching between workers and firms becomes less efficient. This affects the parameter ______, which graphically leads to a shift in ______.
; vacancy supply curve and wage setting curve
; vacancy supply curve
A; Beveridge curve
A; Beveridge curve and vacancy supply curve
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