Outsourcing Is the Process of Using In-House Suppliers and Manufacturers

question 71

True/False

Outsourcing is the process of using in-house suppliers and manufacturers to produce goods and services.

---

Definitions:

Aggregate Income

The total income earned by all individuals and entities in an economy over a specified period.

Income

Money received, especially on a regular basis, for work or through investments.

Net Taxes

The total taxes paid to the government minus any government transfers or subsidies received.

Taxes

Compulsory financial charges imposed by a government on its citizens to fund public expenditures.