Specialization and the division of labor typically result in

A. decreased output.
B. a greater reliance upon imports.
C. increased output.
D. cost overruns.


Answer: C

Economics

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What will be an ideal response?

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What percentage of American business firms are incorporated?

A. About 20 percent B. About 40 percent C. About 50 percent D. Over 60 percent

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Hyperinflation is usually accompanied by a great macroeconomic expansion

a. True b. False Indicate whether the statement is true or false

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From 1950-2014 the price level in the United States increased more than

A) twofold. B) threefold. C) sixfold. D) tenfold.

Economics