Multiple Choice
Which of the following best defines gross job destruction?
A) the sum of job losses across all firms, either by firms reducing their employment or going out of business, in a given year
B) the number of jobs created by new firms less jobs lost in established firms in a given year
C) the number of job losses due to firms reducing their employment in a given year
D) the number of job losses due to firms going out of business in a given year
Correct Answer:

Verified
Correct Answer:
Verified
Q99: Mary Ellen is the newly appointed CEO
Q100: What is the effect of unions on
Q101: Over the past 50 years, which region
Q102: What does the natural unemployment rate include?<br>A)
Q103: Who would be counted as unemployed according
Q105: Which statement is characteristic of the natural
Q106: How is the unemployment rate computed?<br>A) by
Q107: What would be the most likely effect
Q108: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7554/.jpg" alt=" -Refer to Table
Q109: Suppose that some people are counted as