Multiple Choice
In the DMP model,firms continue posting vacancies until the probability of matching with a worker is equal to
A) the ratio of the cost of posting a vacancy to the profits from a match.
B) the marginal product of labour.
C) the real wage rate.
D) the ratio of the profits from a match to the number of matches.
E) the unemployment rate.
Correct Answer:
Verified
Correct Answer:
Verified
Q7: Which of the following best describes mismatch
Q8: In the DMP model,an increase in Employment
Q9: Labour market tightness is defined by<br>A) the
Q10: In equilibrium in the DMP model,aggregate output
Q11: Changes in matching efficiency are particulariliy important
Q13: According to Shavell and Weiss,the optimal Employment
Q14: The peak in Canada's unemployment history occurred
Q15: The Beveridge Curve is the<br>A) negative relationship
Q16: Which of the following statements is the
Q17: The participation rate is defined as<br><br>A)<img src="https://d2lvgg3v3hfg70.cloudfront.net/TB34225555/.jpg"