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Answer to Question #323409 in Macroeconomics for Pascaline

Question #323409

Research the job search theory and its applicability to daily business life.


1
Expert's answer
2022-04-06T18:02:36-0400

The economic job search theory is based on the assumption that individuals have imperfect information about jobs and wages. It takes time to find an acceptable job and individuals have to make decisions about their job search behavior.



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