Barter
A) is the major means of exchange in centrally planned economies.
B) accounts for over 30 percent of the dollar volume of all exchange in the U.S. economy.
C) entails the exchange of goods for goods.
D) is used to circumvent the problem of a lack of coincidence of wants among potential buyers and sellers.

Question

Quizplus · Accepted Answer

Barter involves the direct exchange of goods and services without using money, which is the definition provided in choice C.