One of the benefits of specialization is
A) greater output.
B) people enjoy doing one repetitive task over and over.
C) specialists cost less to hire.
D) training costs are higher.
A
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A higher interest rate makes _____ more attractive. Therefore the quantity of loanable funds supplied increases
Fill in the blank(s) with correct word
Explain why there is an inverse relationship between wage inflation and unemployment as aggregate demand changes
In terms of microeconomic analysis, what is the function of "utils"?
A. a measurement of utility B. applies to changes in income C. a form of budget constraint D. relates to a consumers original choice
If the quantity of money supplied exceeds the quantity of money demanded at a given point in time, _____
Fill in the blank(s) with the appropriate word(s).