A transaction in which a government gives or receives value without directly receiving or giving equal value in exchange is known as a(n):

Question

Quizplus · Accepted Answer

A non-exchange transaction involves one party giving or receiving value without receiving or giving equal value in return. This could include grants, donation or transfer payments. Fair exchange involves both parties giving and receiving equal value, equity transactions involve shares or ownership in a company, and "not fair market exchange transaction" is not a commonly used or recognized term in economics.

A Transaction in Which a Government Gives or Receives Value