Suppose that last week 100,000 people lost their jobs or quit.We can say that

Question

Quizplus · Accepted Answer

The 100,000 people who lost or quit their jobs represent a flow, meaning a change in the number of employed people over a given period. They are referred to as job leavers, as they voluntarily left their employment. Therefore, while the number of unemployed may have increased by 100,000 people, we should not count those who quit their jobs, so option B is incorrect. Option A is also incorrect as it assumes that all job leavers become unemployed, which is not the case. Finally, option D is incorrect as stock refers to the actual number of unemployed people at a given point in time, rather than a change in the number of employed people.

Suppose That Last Week 100,000 People Lost Their Jobs or Quit.We