ECONOMICS
ECONOMIC INSTITUTIONS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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False
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True
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Either A or B
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None of the above
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Detailed explanation-1: -a work method or ability that can be applied to many tasks rather than one particular task.
Detailed explanation-2: -The lower-order thinking skills include, Remembering, Understanding, and Applying. In order to reach the higher level of thinking skills, the lower-order of thinking skills must be achieved first.
Detailed explanation-3: -NA-Not Applicable. 1-Fundamental Awareness (basic knowledge) 2-Novice (limited experience) 3-Intermediate (practical application) 4-Advanced (applied theory) 5-Expert (recognized authority)
Detailed explanation-4: -Beginner: A novice understanding of the skill. You have exposure to the skill and understand basic concepts, but you lack experience. Intermediate: Between a beginner and an expert. Expert: A highly developed skill level.