The Term External Labor Market Refers to The

question 30

Multiple Choice

The term external labor market refers to the:

• A) contract workers in the organization.
• B) current employees of the organization.
• C) individuals who are actively seeking employment.
• D) employees who have direct contact with customers.
• E) employees of the immediate competitors of the organization.

---

Definitions:

US Exports

US Exports describe goods, services, or commodities that are sent from the United States to other countries for sale or trade.

Price Level

The standard price level for a wide array of goods and services in the economic sector, averaged out.

Dollar Appreciate

The increase in the value of the U.S. dollar relative to other currencies.

Dollar Depreciate

A decline in the value of the US dollar relative to other currencies, leading to decreased purchasing power internationally.