A Greater Specialization of Labour Leads to Which of the Following

question 33

Multiple Choice

A greater specialization of labour leads to which of the following major results?

• A)the overall output of the economy declines
• B)there is an increased need for government to intervene in the marketplace
• C)the circular flow of income contracts
• D)there is a greater need for trade
• E)each worker must become more self-sufficient

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Definitions:

Paste Numbers

The action of inserting only the numeric data from a copied selection, excluding any text or formatting.

Values

In computing, discrete data represented or stored within a variable or a constant in programming languages.

Number Formatting

The way numerical data is displayed or printed, including the use of decimal points, commas, and currency symbols.

Commitment to Conformity

A psychological state where an individual consistently follows the norms, rules, or laws of a given group or society.