Which of the Following Statements About the Service Sector Is

question 42

Multiple Choice

Which of the following statements about the service sector is true?

• A) Over the next two decades the service sector in the U.S. will decline in monetary importance.
• B) The spending on service sector accounts for fewer than 30 percent of all jobs in the U.S.
• C) The fastest-growing segment of the American economy has been the production of tangibles and not the performance of services.
• D) The service sector in the U.S. produces a balance-of-trade surplus annually and is expected to be responsible for all net job growth in the foreseeable future.

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Definitions:

Latency Stage

A phase in Freud's psychosexual development theory occurring from age six to puberty, where sexual urges are repressed and social and intellectual skills are developed.

Freud

Sigmund Freud was an Austrian neurologist and the founder of psychoanalysis, a method for treating psychopathology.

Fathers

Male parents who play significant roles in the upbringing, education, and emotional development of their children.

After Divorce

The period or circumstances of an individual's life following the legal dissolution of their marriage.