How does the u.s. economy create and destroy millions of jobs each year? (mark all that apply.)

How does the U.S. economy create and destroy millions of jobs each​ year?   ​(Mark all that​ apply.) A. When unemployment is​ high, the federal government hires more workers to offset the effects of unemployment. B. Some businesses are​ expanding, while others are contracting. C. The federal government determines that certain industries are obsolete and closes firms. D. In the market​ system, new firms are constantly entering and exiting various industries.

Answer

U.S. economy create and destroy millions of jobs each​ year by B. Some businesses are​ expanding, while others are contracting, and D. In the market​ system, new firms are constantly entering and exiting various industries.

This is because when new businesses enter the market employment opportunity created and due to exiting the business by firms employment opportunity is destroyed.

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