Problem
1. Until the late 1960s, most economists assumed that less unemployment was always preferable to more unemployment. Define and explain the two types of unemployment that are consistent with a dynamic, growing economy.
2. What type of unemployment is affected when online job search engines reduce the time necessary for job searches? Does this outcome affect the natural rate of unemployment? If so, how?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.