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us question examines the DMP model of search and unemployment seen in class. 2. Suppose there is a technological change that reduces the cost of

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us question examines the DMP model of search and unemployment seen in class. 2. Suppose there is a technological change that reduces the cost of recruiting for firms. Deter- mine the effects on: a) labour market tightness (b) the unemployment rate (1012 the vacancy rate (01. d) aggregate output. (sad anita

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