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Author Question: If you were to trade a pair of shoes you no longer want for a friend's discarded jacket, you would ... (Read 107 times)

cmoore54

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on: Jul 10, 2018
If you were to trade a pair of shoes you no longer want for a friend's discarded jacket, you would be participating in __________.
 
  A) balanced reciprocity
  B) generalized reciprocity
  C) redistribution
  D) market exchange

Question 2

When the federal government collects a portion of our wages as taxes and then returns that money in the form of national security, roads, education, and other goods and services to its citizens, it is demonstrating which type of economic exchange?
 
  A) redistribution
  B) market exchange
  C) generalized reciprocity
  D) voluntary labor


polinasid

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Reply #1 on: Jul 10, 2018
Answer to Question 1

Answer: A

Answer to Question 2

Answer: A


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