In a "pure exchange" market:

Name: In a "pure exchange" market:
Brand: Quizplus
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Question

Quizplus · Accepted Answer

In a "pure exchange" market, there is no production involved, and people trade money for goods that already exist. Hence, option D is the correct choice. Option A and B are incorrect as they refer to the ownership of resources, which is not relevant to a pure exchange market. Option C is partially correct as people do trade money for goods, but it does not specify that the goods are pre-existing or already produced.

In a "Pure Exchange" Market