Most Americans
A)have accurate perceptions of the level of corporate profits.
B)underestimate corporate profits.
C)overestimate corporate profits.
D)believe that corporations earn zero profit.

Question

Quizplus · Accepted Answer

Studies and surveys have shown that many Americans tend to overestimate the amount of profit that corporations make, often not understanding the difference between revenue and profit, or underestimating the costs involved in running a business.