The Private Sector Accounts for About 80 Percent of R&D

question 183

True/False

The private sector accounts for about 80 percent of R&D expenditures.

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Definitions:

LLC

Limited Liability Company, a flexible form of enterprise that blends elements of partnership and corporate structures, providing limited liability protection to its owners.

Qualification

A condition or requirement that must be met or possessed by an individual to perform a certain job or task.

Register

To record or enroll officially, such as a name or information, in a list, directory, or database.

S Corporation

A special designation of corporation that allows for pass-through taxation, where the corporation's income is taxed at the shareholder level, rather than at the corporate level.