While Some Fear Airbnb Is Taking Jobs Away from Hotel

question 7

True/False

While some fear Airbnb is taking jobs away from hotel chains, the firm is also creating jobs and driving demand for a whole array of platform-enhancing services, including photographers, key-exchange coordinators, in-home chefs, house cleaners, and ride-sharing services.

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Definitions:

Percentage Calculation

The process of finding a part of a whole number or quantity, typically expressed as a fraction of 100.

Tax Rate

The percentage at which an individual or corporation is taxed.

Income Tax

A tax levied by a government directly on individuals' or organizations' income.

Percentage Calculation

Percentage calculation involves determining the part of a whole in terms of 100, used in various financial and statistical contexts to express proportions.