Question

All else​ equal, if job turnover has people leaving jobs and finding new jobs in the same​ industry, this will A. increase the demand for labor and the supply of labor. B. increase the demand for labor and decrease the supply of labor. C. decrease the supply of​ labor, but not change the demand for labor. D. not change demand or supply in the labor market.

Answer 1

D. not change demand or supply in the labor market.

Step-by-step explanation:

As people is finding new jobs in the same industry, it can be said that there is no evident change in the demand of labor neither in the supply of labor.

Job turnover can be high or low, not necessarily related to a variation in demand or jobs offers.

This turnover may be produced by a increase in the demand of labor, but it is being satisfied by people in the same industry.