Suppose the Government Decides to Set Up a Website to Link

question 183

Essay

Suppose the government decides to set up a website to link prospective employers and employees. Employers can post jobs and employees can then send resumes.
(A) Haw wauld this affect unemplayment?
(B) How wald this affect frictional and stuctural unemployunent?
(C) Haw wauld this affect the natural unemployment rate?
(D) Suppose as a by-protuct of the service, the gaverment is able to poal tata an the skill level and experience of emplayees and the desired skill level md experience demanded by emplayers. Why wauld this infarmation be valuable? Haw cauld it be used ta rechuce unemployment?

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Definitions:

Market Conflict

Disputes or competition among businesses in the same market, often involving pricing, product offerings, and market share strategies.

Utilitarian Ethical Beliefs

are ethical principles that evaluate the morality of actions based on their outcomes or consequences, aiming for the greatest good for the greatest number of people.

Final Authority

The ultimate power or jurisdiction to make decisions, often within an organization or governmental body.

Labor Federation

An organization or coalition of trade unions or labor unions that represent workers' interests at a regional, national, or international level.