In the Two-Sided Search Model, the Size of the Labour

question 24

Multiple Choice

In the two-sided search model, the size of the labour force is positively related to

• A) the expected payoff to searching for work.
• B) the population growth rate.
• C) the ratio of males to females in the labour force.
• D) the expected cost to searching for work.
• E) the benefits of non-participation.

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Definitions:

Worker Bees

Female bees that are not queens and perform all the work tasks necessary for colony survival.

Male

Referring to the sex that produces small, mobile gametes (sperm) in sexually reproducing species, typically associated with XY chromosome configuration in mammals.

Unconditioned Response

A natural, automatic reaction to a stimulus that occurs without prior conditioning or learning.

Pavlov

A Russian physiologist known for his work on classical conditioning, demonstrating the concept of the conditioned reflex.