The best guess has turnover unemployment about ________ as mismatch unemployment
A) three times as large
B) twice as large
C) the same size
D) two-thirds as large
E) half as large
C
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How do New Keynesians use the existence of long-term nominal contracts to help explain the failure of prices to adjust in the short run?
What will be an ideal response?
The following are reasons for studying randomized controlled experiment in an econometrics course, with the exception of
A) at a conceptual level, the notion of an ideal randomized controlled experiment provides a benchmark against which to judge estimates of causal effects in practice. B) when experiments are actually conducted, their results can be very influential, so it is important to understand the limitations and threats to validity of actual experiments as well as their strength. C) randomized controlled experiments in economics are common. D) external circumstances sometimes produce what appears to be randomization.