Question

Suppose that there is technological change that reduces the cost of recruiting for firms. Using the DMP model, determine the effects on the unemployment rate, the vacancy rate, the labor force, the number of firms, aggregate output, and labor market tightness. Use diagrams, and explain your results.



$1.99
Sales2
Views512
Comments0
  • CreatedDecember 05, 2014
  • Files Included
Post your question
5000