The Exchange of Goods and Services of Equal Value Is

question 26

Multiple Choice

The exchange of goods and services of equal value is called

• A) reciprocity.
• B) redistribution.
• C) market exchange.
• D) mode of production.

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Definitions:

Male

Referring to the sex that produces small, mobile gametes (typically sperm) in sexually reproducing organisms.

Female

A sex that is typically associated with producing ova or eggs and possessing XX chromosomes in mammals, including humans.

Scarcity

A situation in which something is not available in sufficient quantities to satisfy the demand for it.

Rights

Entitlements or privileges that are guaranteed by law or moral principles, allowing individuals to act or be treated in certain ways.