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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Definitions:

Affirmative Action

Job-hiring policies that give special consideration to members of protected classes in an effort to overcome present effects of past discrimination.

Unconstitutional

Not in accordance with the constitution of a country or the foundational principles upon which the legal system is built.

Protected Classes

Groups of people legally protected from discrimination by law, based on characteristics such as race, gender, age, or disability.

Employment Discrimination

The unfair or prejudiced treatment of individuals in the workplace based on characteristics such as age, race, gender, or religion.