Final answer:
Advances in technology enable more telecommuting options for employees, as it allows work to be done remotely using modern devices and the internet.
Step-by-step explanation:
Because of advances in technology, this allows employees more telecommuting options. Technology such as the Internet, wireless networking, and telecommunications have revolutionized the way work is performed, allowing for jobs once confined to a specific location to be carried out remotely. With tools like computers, smartphones, and advanced software, employees can work from virtually anywhere, provided they have an internet connection. This has expanded the job market and enabled companies to offer more telecommuting options which can be seen in the wide array of remote positions advertising in multinational markets.
Moreover, the physical capital per worker has grown with these technological advances, facilitating the possibility of telecommuting. High-tech devices and communication systems have reduced costs and increased efficiency in managing long-distance economic activities. The current economy benefits from more educated workers equipped with better technology, leading to an increase in the potential GDP. The impact of technology on work arrangements is evident as the U.S. Patent and Trademark Office issues a large number of patents annually, indicating a thriving environment of innovation and invention.