Because of specialization and comparative advantage, most people

a. consume only what they produce themselves
b. consume the products produced by their family and friends
c. consume the products of many other specialists
d. do not use money as a medium of exchange
e. share whatever they produce

C

Economics

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Refer to the scenario above. The principal in this case is:

A) $300. B) $1,000. C) $1,300. D) $2,300.

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Development assistance is designed to spur population growth in poor countries

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

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