Multiple Choice
The two-sided search model is consistent with which of the following business cycle facts?
A) The unemployment rate is procyclical and the vacancy rate is procyclical.
B) The unemployment rate is countercyclical and the vacancy rate is acyclical.
C) The unemployment rate is countercyclical and the vacancy rate is countercyclical.
D) The unemployment rate is countercyclical and the vacancy rate is procyclical.
E) The unemployment rate is acyclical and the vacancy rate is procyclical.
Correct Answer:
Verified
Correct Answer:
Verified
Q1: In the one-sided search model, if the
Q2: In the one-sided search model, a decrease
Q3: In equilibrium in the two-sided search
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