Specialization occurs when workers are assigned particular work based on their gender

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


False

Economics

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An outcome is socially optimal if it:

A. maximizes total economic surplus. B. leaves no unexploited opportunities for individuals. C. is an equilibrium outcome. D. it is determined by the government.

Economics

Choose the statement that is incorrect.

What will be an ideal response?

Economics

When the interest rate increases, people will adjust their precautionary demand for money

A. downward. B. not at all. C. upward. D. downward or upward depending upon the actual supply of money.

Economics

Which of the following would contribute to a U.S. balance of payments surplus?

A. The United States makes a unilateral tariff reduction on imported goods. B. General Motors pays a dividend to a Swiss stockholder. C. The United States cuts back on U.S. military personnel stationed in Germany. D. Russian vodka becomes increasingly popular in the United States.

Economics