I also need help with the second question In the Mortensen-Pissarides model of unemployment with constant wage (w By+ (1-3) b), if labor productivity (y) falls then market tightness___________ andunemployment ________Falls; increasesIncreases; decreases.O Doesn't change; decreasesIncreases; increasesFalls: decreasesAccording to the vacancy supply condition, firms keep opening vacancies until thecost of opening a vacant job isthe expected sum of profits from a vacancy.O equal togreater thanOnone of the aboveless thangreater than. You selected this answer.

Firms open vacanies in a job when the need to hire more human resources. These vacancies are filled…

According to the vacancy supply condition, firms keep opening vacancies until the cost of opening a vacant job is ________ the expected sum of profits from a vacancy. equal to greater than none of the above less than greater than. You selected this answer.

According to the vacancy supply condition, firms keep opening vacancies until the cost of opening a vacant job is ________ the expected sum of profits from a vacancy. equal to greater than none of the above less than greater than. You selected this answer.

Principles of Microeconomics

7th Edition

ISBN:9781305156050

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter19: Earnings And Discrimination

Section: Chapter Questions

Problem 3PA

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Question

I also need help with the second question

In the Mortensen-Pissarides model of unemployment with constant wage (
w By+ (1-3) b), if labor productivity (y) falls then market tightness___________ and
unemployment ________
Falls; increases
Increases; decreases.
O Doesn't change; decreases
Increases; increases
Falls: decreases
According to the vacancy supply condition, firms keep opening vacancies until the
cost of opening a vacant job is
the expected sum of profits from a vacancy.
O equal to
greater than
Onone of the above
less than
greater than. You selected this answer.

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