Advertisements
Advertisements
Question
What is a barter exchange?
Options
A direct exchange of goods or services without money
A payment made for domestic services
An exchange of goods or services through money
A penalty imposed for pollution
MCQ
Advertisements
Solution
Barter exchanges are direct exchanges of goods or services without money. Because no monetary transaction occurs, such exchanges are not included in GDP.
shaalaa.com
Is there an error in this question or solution?
