The Internet Has Enabled Workers and Companies to Find Each

question 162

Multiple Choice

The Internet has enabled workers and companies to find each other more quickly and to make better matches with substantially lower costs.The result is

• A) lower frictional unemployment.
• B) lower structural unemployment.
• C) higher frictional unemployment.
• D) lower cyclical unemployment.
• E) higher structural unemployment.

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Definitions:

Future Outcomes

Potential results or consequences of actions taken in the present or decisions made considering future possibilities and uncertainties.

Organizations

Groups or structures created to achieve specific goals through collective effort.

Collectivist Cultures

Societies that emphasize the needs and goals of the group as a whole over the needs and desires of each individual, fostering strong family or group ties.

Flexible Benefit Programs

Employee benefits plans that allow individuals to choose from a range of benefit options, tailored to their personal needs and preferences.