Multiple Choice
How does human specialization contribute to an economy's output?
A) It makes use of differences in abilities.
B) It is a process of creative destruction.
C) It works like an "invisible hand."
D) It decreases derived demand.
Correct Answer:
Verified
Correct Answer:
Verified
Q27: One of the most important economic resources
Q61: The economy of North Korea would best
Q63: In product markets:<br>A) households sell products to
Q64: The term "dollar votes" means:<br>A) inflation will
Q65: As of 2012,the economy of Hong Kong
Q67: Which statement best describes a command economy?<br>A)
Q68: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4893/.jpg" alt=" Refer to the
Q69: The economy of Australia would best be
Q70: Advantages of specialization do not include:<br>A) increased
Q71: Economic systems differ according to what two