Examlex
Which of the following terms refers to having local employees abroad do jobs that the firm's domestic employees previously did in-house?
General Price
The typical or average cost of goods and services in a market, not specific to any brand or quality.
Goods And Services
The products and activities that satisfy human wants and needs, with goods being tangible objects and services being intangible actions or experiences.
Deflation
The general decline in prices in an economy.
Consumer Price Index
An index that measures the weighted average of prices of a basket of consumer goods and services, such as transportation, food, and medical care, indicating the level of inflation or deflation in an economy.
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