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Business, 29.12.2020 19:10 claudr03

Assume the country of Technologia invests in an online system that efficiently matches job-seekers with employers and significantly reduces the time required for job searches. A. Which type of unemployment will Technologia's investment affect?
B. Will unemployment increase or decrease?
C. Given the change in unemployment from part b. what will happen to the natural rate of unemployment in Technologia? Explain.
D. Given your answer to part b. what will happen to real GDP in Technologia? Explain.

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