The Global Entrepreneurship Monitor reports that the average amount of capital that entrepreneurs use to start small businesses is between ________ and ________.
A)$25,000; $28,000
B)$50,000; $62,000
C)$15,000; $22,000
D)$100,000; $114,000

Question

Quizplus · Accepted Answer

The Global Entrepreneurship Monitor (GEM) reports that the average amount of capital that entrepreneurs use for starting small businesses is between $15,000 and $22,000. Therefore, the best choice is C. Options A, B, and D are higher than the reported average capital for starting small businesses.

The Global Entrepreneurship Monitor Reports That the Average Amount of Capital