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You immediately recognize your friend's voice over the phone.This is an example of:
Specialized Labor
Workers with specific skills and training focused on a particular job or industry, enhancing efficiency and productivity.
Monetary Exchange
The process of trading different forms of money, currencies, or other financial instruments, typically reflecting the value of goods, services, or financial assets in financial transactions.
Double Coincidence
A situation in barter economies where two parties each possess a good or service that the other desires, enabling an exchange.
Likely
Likely refers to a high probability or chance of something happening or being the case, often used to forecast outcomes based on current trends or evidence.
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