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In a Model of Job Search with Search Frictions,it Is

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In a model of job search with search frictions,it is difficult and time-consuming for workers and job vacancies to find each other.In this environment,the presence of prejudiced employers has a effect on minorities' bargaining positions and a effect on minorities' wages.


Definitions:

Dependent Variable

A variable in an experiment or study that is expected to change in response to changes in another variable, known as the independent variable.

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Refers to advertising strategies that emphasize larger ad sizes for greater visibility and impact.

Potential Customers

Individuals or organizations likely to be interested in a company's product or service, considered probable prospects for sales.

Independent Variable

A variable that is manipulated or controlled in an experiment to test its effect on a dependent variable.

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