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In Early Economies, Goods Were Often Exchanged Through a Barter

Question 1

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In early economies, goods were often exchanged through a barter system. What is a barter system?


A) prices are agreed after bargaining or negotiation between buyer and seller.
B) goods are exchanged through a central clearing house called a "barter."
C) goods are exchanged for goods without the use of money.
D) goods are exchanged at fixed prices set by the government.

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