What does the two-sided search model predict would be the effects of labour saving devices in the home, for example, dishwashers, washing machines, and vacuum cleaners? • (3 points) What happens to the payoff of working from home for all consumers? Explain and graph what happens to v(Q)? • (6 points) Explain the effects on the unemployment rate, the vacancy rate, the labour force, the number of firms, aggregate output, and labour market tightness.

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