Multiple Choice
The DMP 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 DMP model,the size of the
Q2: According to the DMP model,in equilibrium labour
Q3: Government intervention influences the unemployment rate through<br>A)
Q4: The probability of finding a job is<br>A)
Q6: In order for the Keynesian DMP model
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