E-commerce and an internet presence are important to many firms, requiring employees with specialized skills that are in short supply. The invisible hand solves the employment problem by:

A. discouraging firms from using of new technologies such as the internet.
B. giving workers an incentive to acquire the necessary skills on their own in order to receive higher wages.
C. providing free internet access.
D. encouraging the government to set up training programs to provide workers with the necessary skills.


Answer: B

Economics

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Over the last few decades, Americans have chosen to cook less at home and eat more at restaurants. This change in behavior, by itself, has

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In the last few decades, tariffs in developing countries have:

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