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Which is the correct answer? Please explain why this is and why the other options are incorrect ? 'Q: The Beveridge curve will shift downward
Which is the correct answer? Please explain why this is and why the other options are incorrect?
'Q: The Beveridge curve will shift downward (toward the origin) if:
a. Unemployment benefits become more generous.
b. Vacancies are increasingly concentrated in given sector of the economy.
c. Information about job vacancies improves.
d. Vacancies are increasingly concentrated in a geographical region.'
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