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An increase in an individual's reservation wage

SebKom

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An increase in an individual's reservation wage

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.

Textbook

Modern Labor Economics: Theory and Public Policy

Modern Labor Economics: Theory and Public Policy

Edition: 12^th

Authors: Ehrenberg, Smith

Read 68 times

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