Question: LO 6, 7 What does the two-sided search model predict would be the efects of laborsaving devices in the home, for example dishwashers, washing machines,

LO 6, 7 What does the two-sided search model predict would be the efects of laborsaving devices in the home, for example dishwashers, washing machines, and vacuum cleaners? Use diagrams to show the efects on the unemployment rate, the vacancy rate, the labor force, the number of irms, aggregate output, and labor market tightness, and discuss your results.

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