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An increase in an individual's reservation wage Group of answer choices a. will increase the individual's expected wage but not affect the duration of unemployment.
An increase in an individual's reservation wage
Group of answer choices
a. will increase the individual's expected wage but not affect the duration of unemployment.
b. will increase both the individual's duration of unemployment and expected wage.
c. will increase the duration of the individual's unemployment but not affect the expected wage.
d. will not change the individual's duration of unemployment.
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