While Nearly ____ Percent of New Businesses Survive at Least

question 72

Multiple Choice

While nearly ____ percent of new businesses survive at least two years,about ______ percent make it to the five-year mark.

• A)75; 25
• B)66; 33
• C)80; 20
• D)70; 50

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Definitions:

Bonuses

Extra payments given to employees above their normal compensation as a reward for performance or achievement.

Fringe Benefits

Additional benefits offered to employees beyond salaries and wages, including health insurance, retirement plans, and paid vacation.

Nominal Wage

The amount of money paid to an employee before adjustments for inflation, often expressed as an hourly or annual figure.

Price Index

A measure that examines the weighted average of prices of a basket of consumer goods and services over time.