AP Macroeconomics - Modules 1-4 Exam Questions with Answers
AP Macroeconomics - Modules 1-4 Exam Questions with Answers 1. When people divide themselves among different tasks and each person provides a good or service that other people want in return for a good/service they want. - Answer>> Trade 2. People can get more of what they want through trade than if they were self-sufficient. Arises from specialization. - Answer>> Gains from trade 3. Goods and services are produced in better quality, quantity and speed when people focus on producing a few things instead of making everything they want by themselves. - Answer>> Specialization
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ap macroeconomics
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