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A Greater Specialization of Labour Leads to Which of the Following

Question 12

Multiple Choice

A greater specialization of labour leads to which of the following major results?


A) The overall output of the economy declines.
B) There is an increased need for government to intervene in the marketplace.
C) The circular flow of income contracts.
D) There is a greater need for trade.
E) Each worker must become more self-sufficient.

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