Small businesses are important to the U.S. economy because
A) they fill in the gaps when large businesses want to let workers go on vacation or when large businesses want to temporarily cease production.
B) banks and other financial services companies would not have borrowing customers, because small businesses borrow more than large businesses.
C) they pay most of the tax revenue collected by the U.S. government.
D) they create about 65% of new jobs each year and generate over 50% of the U.S. GDP.
Correct Answer:
Verified
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