Consider the Mortensen-Pissarides model of unemployment and the steady-state wage rate in particular: 1025+ Qgb) (a) [UPLOAD WORKING] If workers have no bargaining power, what happens to the wage (hint: it will be equal to a particular model parameter)? What is the intuition? (4 points) (b) [UPLOAD WORKING] If workers have complete bargaining power, what happens to the wage (hint: it will be equal to a particular model equilibrium outcome)? Again, what is the intuition? (4 points) (c) [TYPE IN TEXT EDITOR] What does the empirical lack of a stable Beveridge curve imply about the matching function (hint: consider, for example, a Cobb-Douglas matching function 711(6) 2 [156\