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Which of the Following Statements Is True About Small Businesses

Question 3

Multiple Choice

Which of the following statements is true about small businesses?


A) They constitute 2 percent of all businesses in the United States.
B) The vast majority of small firms are owner-operated.
C) Small businesses are least likely to lay off workers during economic downswings.
D) Small businesses hire at a slower rate than large companies.
E) Most small businesses in the United States have more than 500 employees.

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