The Internet Has Enabled Workers and Companies to Find Each

question 22

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 ___________ unemployment.

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

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Definitions:

Management Duties

The responsibilities and tasks assigned to the management of an organization, including decision-making, planning, staffing, directing, and controlling.

Limited Partners

Individuals in a partnership who invest money but are not involved in day-to-day management, and whose liability is limited to the amount of their investment.

General Partnership

A business structure where two or more individuals agree to share in all assets, profits, and financial and legal liabilities of a venture.

Participating Investors

Individuals or entities that engage in funding ventures with the expectation of earning a return on their investment.