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Wasn't sure about this one I thought it might be the first or last The figure below illustrates the Beveridge curves for the US and

Wasn't sure about this one I thought it might be the first or last

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The figure below illustrates the Beveridge curves for the US and Germany, respectively. ources 4.0 Q1 2001 Q2 2015 3.0 Vacancy rate (%) US 2.0 Q4 2009 Q2 2015 . Q1 2001 1.0 Germany Q2 2009 Q1 2005 3.0 6.0 9.0 12.0 Unemployment rate (%) Which statement is incorrect? Germany's matching rate has improved after the outward shift of is Beveridge curve. The US is more inefficient in its matching process, compared to Germany. Both economies are experiencing a negative relationship between unemployment and available jobs. Overall, there is higher efficiency in Germany's labor market compared to the US, in terms of absorbing potential labor. After the 2008 recession caused by the housing boom, US labor market became more efficient in matching potential workers and jobs

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