Which of the Following Is Classified as an Entrepreneur

question 87

Multiple Choice

Which of the following is classified as an entrepreneur?

• A) A manager in a large corporation
• B) A financial manager in a small firm
• C) An owner-manager who bought out the founder of a firm
• D) A salaried technician in a rapidly-growing high-tech firm

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Definitions:

National Saving

The total amount of saving in a country, equal to the sum of private and public saving, representing the national income not spent on consumption or government expenditure.

Public Saving

The portion of a government's budget surplus, which is the difference between tax revenues and government spending.

Private Saving

Private saving is the portion of households' and businesses' income that is not spent on consumption or taxes, typically saved for future investment or consumption.

Closed Economy

An economy that does not interact with other economies in the world