Refer to the Following Figure When Answering the Following Questions

question 31

Multiple Choice

Refer to the following figure when answering the following questions.
Figure 15.2: The Labor Market
-In the stylized DSGE model for the labor market displayed in Figure 15.2, the line marked is due to which of the following?
i. Cyclical unemployment
ii. Sticky prices
iii. Sticky wages

• A) iii
• B) i and ii
• C) ii
• D) i
• E) ii and iii

---

Definitions:

Canine Unit

A specialized division in law enforcement agencies utilizing trained dogs for various operations like search, rescue, or detection.

Fight Crime

The actions and strategies implemented by law enforcement and communities to reduce or prevent criminal activities.

Job Rotation

The practice of moving employees between different tasks or roles within an organization to promote versatility, prevent job boredom, and enhance skills.

Job Analysis

A systematic process of collecting and interpreting information about the duties, responsibilities, necessary skills, outcomes, and work environment of a particular job.