Which of the Following Is One of the Most Important

question 145

Multiple Choice

Which of the following is one of the most important benefits of money in an economy?

• A)Money allows for the exchange of goods and services.
• B)Money allows for the accumulation of wealth.
• C)Money makes exchange easier,leading to more specialization and higher productivity.
• D)Money encourages people to produce all of their own goods (self-sufficiency)and therefore increases economic stability.

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Definitions:

Closed Systems

Systems that do not interact with their environment; in management and organizational context, it refers to companies that are insular and not receptive to external influences.

Systematic Research Methods

Organized, structured approaches employed in investigation or study to establish facts or principles.

Conceptual Anchors

Ideas or principles that are used as a reference point to understand or make sense of something new or complex.

Telecommuting

The practice of working from a remote location outside of corporate offices, typically from home, using digital communication tools.