If Countries That Imported Goods and Services from the United

question 22

Multiple Choice

If countries that imported goods and services from the United States went into recession,we would expect that U.S.net exports would

• A)rise,making aggregate demand shift right.
• B)rise,making aggregate demand shift left.
• C)fall,making aggregate demand shift right.
• D)fall,making aggregate demand shift left.

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Definitions:

Involuntary Turnover

The termination of employees from their job for reasons beyond their control, such as layoffs or dismissals.

Voluntary Turnover

Occurs when employees choose to leave a company for personal reasons, such as a new job opportunity or relocation.

Downsizing

The process of reducing the size of a company's workforce to cut costs, which can involve layoffs, selling parts of the business, or outsourcing.

Outsourcing

The practice of hiring third parties to perform services or create goods that were previously done in-house, often to cut costs or improve efficiency.