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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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