Question

1. 		the psychic cost of moving.
   		the lack of information about employment prospects elsewhere.
   		the monetary cost of the move.
   		the difficulty of return migration.

QUESTION 35

1. A person who searches for a job sequentially

   		searches while employed
   		accepts the first job offer
   		accepts the best job offer after applying for a pre-specified number of jobs
   		accepts or rejects job offers as they arrive

QUESTION 36

1. Based on the human-capital investment framework, quit rates should be expected to fall with age because

   		older workers are more mature and face lower psychic costs when changing jobs.
   		older workers have longer job tenures.
   		older workers have a shorter time over which to recover the costs associated with quitting.
   		all of these

Answer 1

35 Option D

Sequential job search involves weighing the pros and cons of each job opportunity as it arrives and then accepting or rejecting it. Sequential job search process means that you don’t have to worry about what comes next. Focus on where you are for your search, and give yourself time on that step.

36 Option C

Quitting a job carries far greater risk for older workers than for younger ones, both because it’s harder to get rehired and because there’s less time to make up for what’s lost in being out of work.

answered by: anonymous