KTCT buổi 3

What is the relationship between the quantity of value and labor productivity?

• Directly proportional

• Inversely proportional

• Unrelated

• Depends on commodity price

Which of the following forms of labor is considered a multiple of simple labor?

• Physical labor

• Skilled labor

• Complex labor

• Routine labor

What is the "Simple Form of Value" mainly characterized by?

• Developed trade systems

• Use of precious metals

• Accidental and direct exchange

• Centralized planning

In the General Form of Value, all commodities express their value through:

• Labor hours

• Government pricing

• A single universal equivalent

• Market average prices

What are the natural advantages of gold and silver that made them suitable as money?

• Scarcity and rarity

• Attractiveness and smell

• Uniformity and resistance to corrosion

• Easy to forge

Which of the following is NOT a function of money?

• Measure of Value

• Means of Hoarding

• Production Tool

• Means of Payment

Services are a form of commodity because they:

• Are stored for long periods

• Require labor and satisfy needs

• Are visible and tangible

• Do not involve labor

Which of the following is a special commodity?

• Soap

• Car

• Land use rights

• Bread

What does the market ensure in the context of commodity exchange?

• Hoarding of wealth

• Realization of value and economic integration

• Removal of competition

• Elimination of prices

One of the disadvantages of the market economy is:

• It increases creativity

• It autonomously fixes pollution

• It fails to resolve deep social polarization

• It always stabilizes prices