An Economy That Does Not Use Money in Exchange Is

question 20

True/False

An economy that does not use money in exchange is known as a barter economy.

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Definitions:

ROA

Return on Assets, a financial ratio indicating the profitability of a company relative to its total assets.

ROE

Return on Equity, a financial ratio that measures the profitability of a business in relation to shareholder's equity.

Fixed Assets

Long-term tangible assets used in the operations of a business that are not expected to be converted into cash in the near future.

Sales Increase

A rise in the volume or value of product units or services sold by a company, indicating growth in business activity.