Which of the following best defines gross job creation?
A) the number of jobs created by new firms less jobs lost in established firms in a given year
B) the sum of the increase in the number of jobs across all new and established firms in a given year
C) the increase in the number of jobs created by new firms in a given year
D) the increase in the number of jobs created by established firms in a given year

Question

Quizplus · Accepted Answer

Gross job creation refers to the total number of new jobs created in the economy over a specific period, without subtracting the jobs that were lost during the same period. This includes jobs created in both new and established firms.

Which of the Following Best Defines Gross Job Creation