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In 2019, Mark Opens Up a New Vehicle Detailing Business

Question 116

Multiple Choice

In 2019, Mark opens up a new vehicle detailing business and creates six additional jobs in his company. If net employment growth in 2019 was 2 percent, what was a likely explanation for this?


A) the number of jobs created by new firms was less than jobs created in established firms in 2019
B) the number of jobs created by new firms was greater than jobs created in established firms in 2019
C) job creation was greater than job destruction in 2019
D) job creation was less than job destruction in 2019

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