18. The Beveridge curve gives a a. Positive; Inflation and unemployment b. Positive; Inflation and employment c. Negative; Inflation and unemployment relationship between d. e. Negative; Market tightness and unemployment Non-monotone; Money growth and unemployment

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Chapter1: Making Economics Decisions
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**Question 18:**
The Beveridge curve gives a _____ relationship between ________.

a. Positive; Inflation and unemployment  
b. Positive; Inflation and employment  
c. Negative; Inflation and unemployment  
d. Negative; Market tightness and unemployment  
e. Non-monotone; Money growth and unemployment  

**Question 19:**
The wage in the Mortensen-Pissarides model is a weighted average of ____ and _____.

a. Worker’s bargaining power; unemployment benefits  
b. Labor productivity; Unemployment benefits  
c. Profits; Worker’s bargaining power  
d. Minimum wage; labor productivity  
e. Recruiting costs; minimum wage
Transcribed Image Text:**Question 18:** The Beveridge curve gives a _____ relationship between ________. a. Positive; Inflation and unemployment b. Positive; Inflation and employment c. Negative; Inflation and unemployment d. Negative; Market tightness and unemployment e. Non-monotone; Money growth and unemployment **Question 19:** The wage in the Mortensen-Pissarides model is a weighted average of ____ and _____. a. Worker’s bargaining power; unemployment benefits b. Labor productivity; Unemployment benefits c. Profits; Worker’s bargaining power d. Minimum wage; labor productivity e. Recruiting costs; minimum wage
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