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Introduction to Macroeconomics

Question 1 • (Galli)WCA 2221 Civics/Economics 1st nine weeks 26-27

Exchanging goods or services of equal value is called . replaces the need for bartering.Money allows us to exchange for goods and services.

Answer
A
selling
B
buying
C
bartering

Explanation

Exchanging goods or services directly for other goods or services of equal value is called bartering. Money makes exchange easier because people can use it instead of trading goods or services directly. So the correct choice is “bartering.”

AI-written and checked against the verified answer.

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