What Fraction of Firms Started Today, According to the Chapter

question 23

Multiple Choice

What fraction of firms started today, according to the chapter, will still be growing and profitable in eight years?

• A) 1/5
• B) 1/6
• C) 1/7
• D) 1/8
• E) 1/9

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Definitions:

Quintile Distribution

A statistical measure dividing a population into five equal groups according to a particular variable, such as income or wealth.

SNAP Program

The Supplemental Nutrition Assistance Program, a federal aid program in the United States that provides food-purchasing assistance for low- and no-income people.

Temporary Assistance

Short-term aid or support provided by government or private entities to individuals or families in need, usually in the form of financial help, food, or housing.

Needy Families

Households with insufficient income or resources to maintain an adequate standard of living, often targeted by social assistance programs.