How will increased usage of the Internet by employers and employees influence the job search process?

a. It will make job-related information more costly and, therefore, tend to increase the rate of unemployment.
b. It will make job-related information less costly and, therefore, tend to increase the rate of unemployment.
c. It will make job-related information more costly and, therefore, tend to reduce the rate of unemployment.
d. It will make job-related information less costly and, therefore, tend to reduce the rate of unemployment.

D

Economics

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When firms engage in tacit collusion, they:

a. meet periodically to establish production quotas. b. meet periodically to establish a monopoly price. c. limit production in a way that enhances industry profits. d. compete on price by undercutting each other.

Economics

Which of the following will change the slopes of your indifference curves between gasoline and movie rentals?

A) a change in your preferences for either of the two goods B) only a change in the price of either of the two goods C) only a change in your income D) Both a change in the price of either good and a change in income will change the slopes of your indifference curves.

Economics