Multiple Choice
In the one-sided search model, if the job offer rate goes down,
A) the reservation wage goes down and the effect on long-run unemployment is ambiguous.
B) the reservation wage goes up and long-run unemployment goes down.
C) the reservation wage and long-run unemployment are unchanged.
D) the reservation wage goes up and long-run unemployment goes up.
E) unemployed workers stop searching.
Correct Answer:

Verified
Correct Answer:
Verified
Q2: In the one-sided search model, a decrease
Q3: In equilibrium in the two-sided search
Q4: The two-sided search model is consistent with
Q5: In the one-sided search model, an increase
Q6: Since World War II, the participation rate<br>A)
Q7: Constant returns to scale in the
Q8: Which of the following best describes mismatch
Q9: In equilibrium, an decrease in matching efficiency<br>A)
Q10: In equilibrium, an increase in Employment Insurance
Q11: In the two-sided search model, an increase