A Non-exchange transaction is one in which a government gives or receives value without directly receiving or giving equal value in exchange.

Name: A Non-exchange transaction is one in which a government gives or receives value without directly receiving or giving equal value in exchange.
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Question

Quizplus · Accepted Answer

A non-exchange transaction does not involve a direct exchange of equal value, but rather one party giving or receiving value without receiving or giving anything in return.

A Non-Exchange Transaction Is One in Which a Government Gives