Empirical studies of the job search model suggest that:
A)variations in acceptance rates explain most of the variation in unemployment duration
B)higher levels of unemployment benefits have little impact on unemployment duration
C)unemployment duration increases with age
D)longer eligibility limits on unemployment benefits have little impact on unemployment duration

Question

Quizplus · Accepted Answer

Unemployment duration increases with age because older workers have more difficulty finding new jobs.

Empirical Studies of the Job Search Model Suggest That