Job search engines, such as Indeed and Monster.com, have enabled workers ar companies to find each other more quickly and to make better matches with substantially lower costs. The result is a) higher frictional unemployment. b) lower structural unemployment. c) lower frictional unemployment. O d) lower cyclical unemployment. e) higher structural unemployment.

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
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Chapter1: Making Economics Decisions
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49

Job search engines, such as Indeed and Monster.com, have enabled workers and
companies to find each other more quickly and to make better matches with
substantially lower costs. The result is
a) higher frictional unemployment.
b) lower structural unemployment.
c) lower frictional unemployment.
O d) lower cyclical unemployment.
e) higher structural unemployment.
Transcribed Image Text:Job search engines, such as Indeed and Monster.com, have enabled workers and companies to find each other more quickly and to make better matches with substantially lower costs. The result is a) higher frictional unemployment. b) lower structural unemployment. c) lower frictional unemployment. O d) lower cyclical unemployment. e) higher structural unemployment.
Consider the following graph to answer the next five questions.
Real
GDP
Long-run
trend of GDP
Short-run path
Time
2000
2001
2004
2005
2008
009
Transcribed Image Text:Consider the following graph to answer the next five questions. Real GDP Long-run trend of GDP Short-run path Time 2000 2001 2004 2005 2008 009
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