객관식
With _____, the value of money is allowed to fluctuate with supply and demand.
147
views
0. Basic Principles of Economics
Introduction to Economics
객관식
Money encourages specialization by decreasing the
A
number of available resources
B
production possibilities frontier
C
need for barter transactions
D
opportunity cost of all goods
검증된 단계별 안내1
Step 1: Understand the concept of specialization in microeconomics, which refers to individuals or firms focusing on the production of a limited range of goods or services to increase efficiency and output.
Step 2: Recognize that specialization is often limited by the need to exchange goods and services, which historically required barter transactions—directly trading one good for another without a common medium.
Step 3: Identify the role of money as a medium of exchange that reduces the need for barter by providing a common measure of value, making transactions simpler and more efficient.
Step 4: Analyze how money lowers transaction costs and the complexity of trading, thereby encouraging greater specialization because individuals and firms can easily trade their specialized products for a variety of other goods and services.
Step 5: Conclude that money encourages specialization primarily by reducing the need for barter transactions, rather than by decreasing resources, shifting the production possibilities frontier, or changing opportunity costs directly.
관련 영상
관련 실천
