In the One-Sided Search Model, If the Job Offer Rate

question 25

Multiple Choice

In the one-sided search model, if the job offer rate goes down

• A)the reservation wage goes up and long-run unemployment goes down.
• B)the reservation wage goes down and the effect on long-run unemployment is ambiguous.
• C)the reservation wage goes up and long-run unemployment goes up.
• D)unemployed workers stop searching.
• E)the reservation wage and long-run unemployment are unchanged.

---

Definitions:

Apoptosis

A process of programmed cell death that occurs in multicellular organisms, crucial for development and maintaining health.

Outer Bark

The external layer of the tree's bark, composed of dead cells, that serves as a protective layer against physical damage and disease.

Woody Plants

Woody plants are types of vegetation that develop hard, fibrous structural tissue called wood, used for support and water transport.

Periderm

A protective tissue in plants that replaces the epidermis in parts that undergo secondary growth, such as in tree bark.