LOC: from trade, specialization and trade TOP: Specialization and Exchange 86. The division of labor a. allows more people to be employed b. allows tasks to be performed more efficiently c. makes people happier on the job d. means that less management is required e. means that less equipment will be used ANS: B PTS: 1 DIF: Easy NAT: Reflective Thinking LOC: from trade, specialization and trade TOP: Division of Labor and Gains from Specialization 87. The division of labor facilitates productivity increases for all of the following reasons, one. except Which is the exception? a. It allows people to do those tasks for which they have the greatest natural ability. b. Workers get better at the more they repeat them. c. The more experience workers gain by specializing in a task, the more likely they will enjoy that task. d. More sophisticated production techniques are introduced. e. The division of labor often permits the introduction of labor-saving machinery. ANS: C PTS: 1 DIF: Easy NAT: Reflective Thinking LOC: Gains from trade, specialization and trade TOP: Division of and Gains from Specialization 88. of the following is not a gain from division of labor? a. Workers' abilities are matched to tasks. b. Workers gain experience from the repetition of the tasks. c. Workers save time by not moving to different tasks. d. Workers' morale increases as tasks become more specialized. e. The introduction of labor-saving machinery is possible. ANS: D PTS: 1 DIF: Moderate NAT: Reflective Thinking LOC: Gains from trade, specialization and trade TOP: Division of and Gains from Specialization 89. Division of labor increases productivity because a. tasks can be assigned according to individual tastes and abilities b. workers who repeatedly perform the same tasks become bored c. each worker must learn each of the numerous tasks in the total production process d. specialization of labor allows for the introduction of cheaper, less sophisticated production techniques e. managers can force workers to produce goods that are valued more highly than the costs of producing them. ANS: A PTS: 1 DIF: Moderate NAT: Analytic LOC: Gains from trade, specialization and trade TOP: Division of Labor and Gains from Specialization 90. Because of specialization and comparative advantage, most people a. consume only what they produce themselves b. consume the products produced by their family and friends
LOC: from trade, specialization and trade TOP: Specialization and Exchange 86. The division of labor a. allows more people to be employed b. allows tasks to be performed more efficiently c. makes people happier on the job d. means that less management is required e. means that less equipment will be used ANS: B PTS: 1 DIF: Easy NAT: Reflective Thinking LOC: from trade, specialization and trade TOP: Division of Labor and Gains from Specialization 87. The division of labor facilitates productivity increases for all of the following reasons, except one. Which is the exception? a. It allows people to do those tasks for which they have the greatest natural ability. b. Workers get better at the more they repeat them. c. The more experience workers gain by specializing in a task, the more likely they will enjoy that task. d. More sophisticated production techniques are introduced. e. The division of labor often permits the introduction of labor-saving machinery. ANS: C PTS: 1 DIF: Easy NAT: Reflective Thinking LOC: Gains from trade, specialization and trade TOP: Division of and Gains from Specialization 88. of the following is not a gain from division of labor? a. Workers' abilities are matched to tasks. b. Workers gain experience from the repetition of the tasks. c. Workers save time by not moving to different tasks. d. Workers' morale increases as tasks become more specialized. e. The introduction of labor-saving machinery is possible. ANS: D PTS: 1 DIF: Moderate NAT: Reflective Thinking LOC: Gains from trade, specialization and trade TOP: Division of and Gains from Specialization 89. Division of labor increases productivity because a. tasks can be assigned according to individual tastes and abilities b. workers who repeatedly perform the same tasks become bored c. each worker must learn each of the numerous tasks in the total production process d. specialization of labor allows for the introduction of cheaper, less sophisticated production techniques e. managers can force workers to produce goods that are valued more highly than the costs of producing them. ANS: A PTS: 1 DIF: Moderate NAT: Analytic LOC: Gains from trade, specialization and trade TOP: Division of Labor and Gains from Specialization 90. Because of specialization and comparative advantage, most people a. consume only what they produce themselves b. consume the products produced by their family and friends
Test-Bank-ECON-Micro-2-2nd-Edition-McEachern.docx