The exchange of goods and services directly without money is called:
a. creative destruction.
b. barter.
c. arbitration.
d. currency trade.
e. illegal trade.
b
Economics
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The law of demand refers to the:
a. negative relationship between the price of a good and the willingness of producers to sell it. b. price increase that results from an increase in demand c. inverse relationship between the price of a good and the quantity demanded. d. increase in the quantity of a good made available when its price increases.
Economics