Lets see how many jobs have to be destroyed for one net job to be created. As

Question:

Let’s see how many jobs have to be destroyed for one net job to be created. As noted in the text, millions of jobs are created and destroyed every month. Suppose that 5 million jobs are destroyed every month and about 5.25 million jobs are created. What is net job creation? What is total job destruction divided by net job creation? So how many total jobs are destroyed for every net job created? 

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Modern Principles Of Economics

ISBN: 9781319245399

5th Edition

Authors: Tyler Cowen, Alex Tabarrok

Question Posted: