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.

Question

Quizplus · Accepted Answer

The Internet has made job searching and recruitment more efficient, which reduces the amount of time and resources it takes for workers and companies to find each other. As a result, there is a lower likelihood of workers being unemployed due to a lack of available job openings, which is known as frictional unemployment. Therefore, the best choice is A.

The Internet Has Enabled Workers and Companies to Find Each