What is the voluntary exchange of goods and services?
Surplus
Trade
Taxes
Scarcity
What is the voluntary exchange of goods and services
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What is the voluntary exchange of goods and services?
Surplus
Trade
Taxes
Scarcity
The correct answer is Trade.
Trade refers to the voluntary exchange of goods and services between individuals or businesses. It allows parties to obtain what they need or want by providing something of value in return. This exchange can be motivated by the differences in resource availability and the pursuit of mutual benefit. If you have more questions or need further clarification, feel free to ask!