Why Was Net Employment Growth in 2009 Negative

question 35

Multiple Choice

Why was net employment growth in 2009 negative?

• A) Job creation exceeded job destruction that year.
• B) The economy had previously been in a recession but was now in recovery
• C) Job destruction exceeded job creation that year.
• D) Employees were in the process of moving from failing to growing firms.

---

Definitions:

Tax Refund

A tax refund is the return of excess taxes paid by an individual or business to the government, usually received after the annual tax return is processed.

Whole Life Insurance

A type of insurance that combines a life insurance policy with an investment feature; policyholders pay a premium that is divided between the insurance portion and the investment portion.

Cash Value

The value of the investment portion of a whole life insurance policy.

S&P 500

A stock market index that measures the stock performance of 500 of the largest companies listed on stock exchanges in the United States.