Questions: As the demand for goods and services decreases, job growth a. increases b. decreases c. remains the same d. none of the above Please select the best answer from the choices provided A B C D

As the demand for goods and services decreases, job growth
a. increases
b. decreases
c. remains the same
d. none of the above

Please select the best answer from the choices provided
A
B
C
D

Transcript text: Workplace Types and the Economy Pre-Test Active 1 2 3 4 5 6 7 8 9 10 TIME REMAINING 57:27 As the demand for goods and services decreases, job growth $\qquad$ a. increases b. decreases c. remains the same d. none of the above Please select the best answer from the choices provided A B C D Mark this and return Save and Exit Next Submit

Solution

Answer

The answer is b. decreases

Explanation

Option 1: increases

This option is incorrect because when the demand for goods and services decreases, businesses typically experience lower revenue. As a result, they may reduce their workforce to cut costs, leading to a decrease in job growth.

Option 2: decreases

This option is correct. A decrease in demand for goods and services usually leads to a reduction in production and sales. Consequently, companies may lay off employees or halt hiring, resulting in decreased job growth.

Option 3: remains the same

This option is incorrect because it is unlikely that job growth would remain unchanged in the face of decreased demand. Economic principles suggest that lower demand typically leads to reduced employment opportunities.

Option 4: none of the above

This option is incorrect because option b accurately describes the relationship between decreased demand and job growth.

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