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Which of the Following Best Defines Gross Job Destruction

Question 104

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

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