An Increase in an Individual's Reservation Wage

question 33

Multiple Choice

An increase in an individual's reservation wage

• A) will increase the duration of the individual's unemployment but not affect the expected wage.
• B) will increase the individual's expected wage but not affect the duration of unemployment.
• C) will not change the individual's duration of unemployment.
• D) will increase both the individual's duration of unemployment and expected wage.

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Definitions:

Functions

In mathematics, the relationship or expression that associates each element of a set with exactly one element of another set. In general use, it refers to the natural purpose or activities specific to a person, thing, or institution.

Nativist Theory

A perspective suggesting that certain skills or abilities are "native" or hard-wired into the brain at birth.

Language Acquisition

The process by which humans gain the ability to perceive, produce, and understand language, often focusing on the developmental stages in early childhood.

Bayley-III Scales

An assessment tool that measures developmental delays in children from birth through 42 months.