The Trend of Downsizing ______

question 62

Multiple Choice

The trend of downsizing ______.

• A) was spurred by deregulation and a decline in worker protections
• B) is supposed to make companies more profitable, competitive, and flexible
• C) has forced many employees to scramble for jobs
• D) has increased the wage gap between the corporate CEO and the average worker
• E) All of the options are correct.

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Definitions:

Clinton

A reference to Bill Clinton, the 42nd president of the United States, serving from 1993 to 2001, known for economic policies leading to budget surpluses and welfare reform.

Stimulus Package

A package of economic measures put together by a government to stimulate a struggling economy, typically including tax cuts, spending increases, and monetary policy adjustments.

High-Income Households

Families or individuals with earnings significantly above the average for a given area, often associated with higher consumption and investment capacities.

Stimulus Program

A government initiative designed to stimulate economic growth during a recession by increasing public spending or cutting taxes.