Q1: Economic costs associated with downsizing include___ AnswerAnswer: decreased employee morale Q2: Economic environment consists of___ AnswerAnswer: All of these—a. Economic planning b. Industrial policy c. Economic law d. Economic condition Q3: Economic policy includes___ AnswerAnswer: All of these—a. Export-import policy (EXIM policy) b. Monetary policy c. Fiscal policy Q4: Economic separation costs associated with…