When the Number of Families with Someone Employed by the Government

question 152

Multiple Choice

When the number of families with someone employed by the government is added to those receiving income from transfer programs, the share of American families receiving income from the government is

• A) less than 20 percent
• B) approximately 50 percent of the total
• C) approximately 62 percent of the total
• D) a little more than 75 percent of the total

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Definitions:

Product-Market Growth Analysis

A technique for identifying growth opportunities by analyzing existing and potential products and markets.

Geographic Markets

Markets that are segmented or defined by geographical boundaries, which can range from local to global.

Basic Business Strategy

A foundational approach that outlines how a business aims to achieve its goals, compete in the market, and satisfy its customers.

Customer Needs

The recognized necessities or desires that drive consumers to seek out products or services for satisfaction or solution.