By making exchange ________, money allows for specialization and higher ________

A) more difficult; costs
B) more difficult; productivity
C) easier; costs
D) easier; productivity


D

Economics

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Pizza at Home is a frozen pizza company that supplies several large grocery store chains. The managers of Pizza at Home are currently negotiating a four year contract with Saucy Pizza, a manufacturer of pizza sauce. Saucy Pizza will supply a specified quantity of canned tomato sauce to Pizza at Home over a four year period; however; Pizza at Home can ends its contract with Saucy Pizza at the end

of the first, second, or third years if Saucy Pizza does not supply quality tomato sauce. What can the manager of Pizza at Home do to avoid the end-game problem? A) Inform Saucy Pizza that Pizza at Home will nominate them for a supplier industry award if they provide quality tomato sauce in all four years. B) Pay Saucy Pizza in installments at the end of the first, second, and third years. C) Pay Saucy Pizza in equal installments at the end of each of the four years. D) Pay Saucy Pizza in full at the beginning of the first year.

Economics

Opening trade between a nation that has "cheap labor" and one that has "expensive labor" will

a. lower the standard of living in both countries. b. raise the standard of living in both countries. c. raise the standard of living in the "expensive labor" country and lower the standard of living in the "cheap labor" country. d. raise the standard of living in the "cheap labor" country and lower the standard of living in the "expensive labor" country.

Economics

A ____________ is a necessary condition for a person to move from the secondary to the primary labor market, but is no longer a sufficient condition.

A. some high school B. high school diploma C. college diploma D. None of these choices are correct.

Economics

Which of the following is a common result of rent controls?

a. Tenants often move from one rent-controlled apartment to another. b. The upgrades for rent-control apartments increase. c. New housing incentives are reduced. d. Landlords increase their profits.

Economics