The Total Amount of Consumption of a Society Can Be

question 235

Multiple Choice

The total amount of consumption of a society can be increased if

• A)firms allow each worker to perform multiple tasks.
• B)resources are allocated by a central planning group.
• C)individuals engage in specialization and voluntary trade.
• D)barter exchange is used in place of money.

---

Definitions:

Registered Letter

A mail service providing the sender with a mailing receipt, and sometimes includes insurance and tracking of delivery.

Stipulation

An agreement or condition specified in a legal document or contract, often binding the parties to its terms.

Counteroffer

A response to an offer in which the original terms are rejected and new terms are proposed.

Inquiry

The act of asking for information or conducting an investigation in order to gain understanding.