Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Given the statistical evidence for how small business impacts the U.S. economy, which of the following is true? Question 44 options: a) Since most small
Given the statistical evidence for how small business impacts the U.S. economy, which of the following is true? Question 44 options: a) Since most small businesses don't even have employees, they don't impact the economy by providing jobs. b) Small business is just thatsmallso it is really of no large concern to anyone. c) Since small businesses account for about half of U.S. GDP, the federal government would do well to find a way to incentivize small business activity through lower tax rates. d) Given that small businesses generate enough revenue to account for 75 percent of U.S. GDP, the government should tax them heavily to generate more revenues for national entitlement programs
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started