What is most likely to reduce the natural rate of unemployment?
A) the Internet providing more readily available information about available jobs
B) provincial legislators voting for increasing the minimum wage
C) passing laws that make it more difficult to monitor the efforts of workers
D) firms offering higher-than-equilibrium wages to reduce worker turnover

Question

Quizplus · Accepted Answer

The Internet providing more readily available information about available jobs can reduce the natural rate of unemployment by improving the matching process between employers and job seekers, thus reducing frictional unemployment.

What Is Most Likely to Reduce the Natural Rate of Unemployment