Outsourcing Leads to

question 38

Multiple Choice

Outsourcing leads to

• A)Increases in total output,but with temporary job losses for some domestic workers.
• B)Increases in total output,but with permanent job losses for some domestic workers.
• C)Decreases in total output,but with no changes in the number of domestic jobs available.
• D)Decreases in total output,along with permanent job losses for some domestic workers.

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Definitions:

Google Stock

Equity shares of Alphabet Inc., the parent company of Google, representing ownership in one of the world's leading technology firms.

Exxon Mobil

An American multinational oil and gas corporation, one of the world's largest publicly traded energy providers and chemical manufacturers.

Consumer Goods

Goods produced for present consumption.

Capital Goods

Long-lasting tangible items that businesses use to produce goods or services, such as machinery, buildings, and equipment.