Multiple Choice
An important feature of the DMP model is that
A) would-be workers care not just about the market wage, but about the chances of finding work.
B) firms can fire workers.
C) workers can choose to shirk on the job.
D) firms maximize revenue.
Correct Answer:

Verified
Correct Answer:
Verified
Q14: The employment/population ratio is<br>A) more volatile than
Q15: The participation rate is<br>A) countercyclical<br>B) more variable
Q16: In the DMP model,<br>A) There are N
Q17: The unemployment rate is<br>A) countercyclical<br>B) procyclical<br>C) a
Q18: In the DMP model,an increase in productivity
Q20: The matching function captures the idea that<br>A)
Q21: If N is the working-age population,Q is
Q22: If N is the working-age population,Q is
Q23: The participation rate was higher in 2012
Q24: In the DMP model,a decrease in productivity<br>A)