Which of the following is an example of barter?
A) A parent gives a teenager a €10 note in exchange for her babysitting services.
B) A homeowner gives an exterminator a cheque for €50 in exchange for extermination services.
C) A barber gives a plumber a haircut in exchange for the plumber fixing the barber's leaky tap.
D) All of the above are examples of barter.

Question

Quizplus · Accepted Answer

Barter involves the exchange of goods or services without the use of money. In option A, money is used as a medium of exchange, so it is not an example of barter. In option B, a cheque (which represents money) is used, so it is also not an example of barter. Option C is the only example where goods and services are directly exchanged without the use of money, making it a clear example of barter.

Which of the Following Is an Example of Barter