Which scenario will most likely happen as employers and employees increase their usage of the Internet in the job search process?
a. Job-related information will become more costly and cyclical unemployment will go up.
b. Job-related information will become less costly and frictional unemployment will go up.
c. Job-related information will become more costly and structural unemployment will go down.
d. Job-related information will become less costly and frictional unemployment will go down.
D
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Daryl's Inc has formed a cartel with the two other firms in its industry. In which of the following market structures does Daryl's operate?
A) monopolistic competition B) oligopoly C) perfect competition D) monopoly E) legally protected monopoly
How were Smith, Ricardo, Malthus and Marx, in their own ways, pessimistic about long-term development?
What will be an ideal response?