Final answer:
The oxidation-reduction reaction among the choices given is Mg(s) + 2 HCl(aq) → MgCl₂(aq) + H₂(g) because it involves the transfer of electrons, with magnesium being oxidized and hydrogen ions being reduced.
Step-by-step explanation:
An oxidation-reduction reaction, or redox reaction, involves the transfer of electrons from one substance to another. The reaction Mg(s) + 2 HCl(aq) → MgCl₂(aq) + H₂(g) is an example of a redox reaction because magnesium (Mg) is oxidized (it loses electrons) and hydrogen ions (H+) from HCl are reduced (they gain electrons).
The other reactions listed, such as HCl(aq) + LiOH(aq) → LiCl(aq) + H₂O(l) and NaI(aq) + AgNO₃(aq) → AgI(s) + NaNO₃(aq), are examples of acid-base and precipitation reactions, respectively, without any clear electron transfer between oxidizing and reducing agents.