Question

Internet sites that enable people to post their resumes online reduce the costs of job searches. As a result, how the natural rate of unemployment is affected?

Answer 1

Answer:Explained

Explanation:

The natural rate of Unemployment consist  

• Rate of Structural Unemployment

• Frictional Unemployment

With the commencement of internet sites, Job finding is much easier now which reduces the cost of finding job and time. As a result, Frictional Unemployment is decreasing. This also suggests that an opportunity will likely to get explored by no of people in less time.

So-net Unemployment is decreased.