What factors determine the job finding rate

Reference no: EM13692512

1) Explain the role of labor supply and labor demand in determining the incentives to return to equilibrium.

2) Explain why unemployment falls when output rises. In the process, mention what happens to unemployment.

3) What factors determine the job finding rate?

4) Explain why, when the unemployment rate is steady, it is equal to the ratio of the job losing rate to the job finding rate.

Reference no: EM13692512

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