The division of productive activities among persons and regions so that no one individual or area is totally self-sufficient is known as
A) advantage-taking.
B) comparative value.
C) specialization.
D) outsourcing.
Answer: C
Economics
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The proponents of ________ and ________ think that the Federal Reserve should adopt a constant monetary growth rule
A) new Keynesianism; the new classical model B) the real business cycle model; Marxism C) the monetarist model; the Keynesian model D) rational expectations; monetarism
Economics
Under screening, the uninformed side of the market attempt to identify the hidden characteristics of the informed side of the market
Indicate whether the statement is true or false
Economics