Asked by Jaime Moreno on Sep 26, 2024
Verified
According to the U.S. Small Business Administration, businesses with less than 500 employees account for ____ percent of net new jobs.
A) 12
B) 74
C) 37
D) 95
E) 58
U.S. Small Business Administration
A federal agency that provides support to entrepreneurs and small businesses in the United States through loans, loan guarantees, counseling, and other forms of assistance.
Net New Jobs
The total number of jobs created in an economy, subtracting the number of jobs lost from the number of jobs gained over a specific period.
- Appreciate the contribution of small businesses to job creation and economic growth.
Verified Answer
1G
1102_SHASHANK GUPTAabout 21 hours ago
Final Answer :
B
Explanation :
According to the U.S. Small Business Administration, businesses with less than 500 employees account for 74 percent of net new jobs.
Learning Objectives
- Appreciate the contribution of small businesses to job creation and economic growth.