Small Business Owners

question 19

Multiple Choice

Small business owners:

• A) may once have captured an opportunity like an entrepreneur,but now rest on their laurels,like stable sales and modest growth
• B) are constantly looking for new opportunities
• C) look to expand to a company or corporation
• D) are all sole traders not looking to grow

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Definitions:

Aggregate Demand Curve

A graphical representation showing the overall demand for goods and services in an economy at various price levels.

Discretionary Fiscal Policy

Fiscal policy based on judgment by policymakers rather than set by predetermined rules, aiming to influence demand through changing government spending and taxation.

Clinton

A reference to Bill Clinton, the 42nd president of the United States, serving from 1993 to 2001, known for economic policies leading to budget surpluses and welfare reform.

Stimulus Package

A package of economic measures put together by a government to stimulate a struggling economy, typically including tax cuts, spending increases, and monetary policy adjustments.