ECON100C UCI Mortensen Pissarides Model Questions Response

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Economics

ECON100C

University California Irvine

Description

8 multiple-choice question. Give me right answer and write down details. Why u choose this.

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Explanation & Answer

hey,have it.

STUDENT NAME:
ID NUMBER:
MIDTERM 2
ANSWERS TO MULTIPLE QUESTIONS-VERSION A
1 answer, b
.L workers (Aggregate number of hirers), u unemployment rate (Number of unemployed workers),
and v vacancy rate(Vacancies).
matching function: fL = m (uL, vL)
where f is the rate of jobs created.
2. answer, d
Unemployment Rate Formula
The formula for unemployment rate is: Unemployment Rate = Number of Unemployed Persons /
Labor Force. The labor force is the sum of unemployed and employed persons. By dividing the
number of individuals whom are unemployed by labor force, you'll find the labor force
participation, or unemployment rate.
3. answer, c
Given that the unemployment benefit...


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