The Most Obvious Benefit of Specialization and Trade Is That

question 137

Multiple Choice

The most obvious benefit of specialization and trade is that they allow us to

• A)work more hours per week than we otherwise would be able to work.
• B)consume more goods than we otherwise would be able to consume.
• C)spend more money on goods that are beneficial to society, and less money on goods that are harmful to society.
• D)consume more goods by forcing people in other countries to consume fewer goods.

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Definitions:

Matched Design

A research design that matches the experimental participants with control participants who are similar on key characteristics.

Epidemiological

Relating to the study of how disease rates vary among different population groups to identify patterns, causes, and control health problems.

Experimental

Referring to a method of investigation in the sciences and social sciences in which variables are manipulated to observe and measure effects on a particular outcome.

Natural

Pertaining to or derived from the physical world and the processes in it.