In a barter economy, people are _________ to specialize in the production of one good or service, compared to in a money economy
A) more likely
B) less likely
C) equally likely
D) almost always going
B
Economics
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In the graph showing an increase in the growth of the money supply, expansionary policy moves the inflation rate up the short-run Phillips curve by an increase of ______.
a. 1 percentage point
b. 3 percentage points
c. 5 percentage points
d. 6 percentage points
Economics
Usually an abundance of natural resources ________ labor productivity.
A. increases B. has no effect on C. decreases D. doubles
Economics