The Greater the Degree of Specialization in the Economy

question 180

Multiple Choice

The greater the degree of specialization in the economy,

• A)the easier it is to discover a double coincidence of wants
• B)the more feasible a barter system is
• C)the less likely it is that monetary exchange will develop
• D)the harder it is to negotiate an exchange rate between all pairs of goods
• E)the more likely it is that individual consumers are self-sufficient

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Definitions:

Skills Training

A process of teaching specific abilities or competencies to improve performance in a particular area.

Behavioral Self-Monitoring

A self-help technique involving the systematic observation and recording of one's own behaviors and responses in order to modify or change undesirable behaviors.

Counterconditioning

A behavior therapy technique that involves replacing an unwanted or negative response to a stimulus with a positive one.

Skills Training

A process of teaching specific abilities or techniques to improve performance or competence in a particular area.