Which of the following statements concerning the importance of medieval economics is most true?
A) Medieval economic thought and practice was of no consequence to later Western economic thinkers and actors.
B) Medieval economics set a much more direct stage for later developments than classical economics had done.
C) Medieval economics simply repeated the thought and practice of earlier economic thinkers.
D) Medieval economics, overall, tended to discourage merchant activity and technical innovation.
Correct Answer:
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