The job search model implies that:
A)the longer the expected job tenure,the lower the acceptance wage
B)the higher the acceptance wage,the shorter the expected search duration
C)expected search duration is longer during a recession
D)if job searchers perceive that a recession is temporary,they will reduce their acceptance wages

Question

Quizplus · Accepted Answer

The job search model suggests that during a recession, when jobs are harder to find, individuals will likely face a longer duration of job search due to the decreased number of available positions and increased competition for those positions.

The Job Search Model Implies That