After Calculating Your Affordable Loss in Writing Your Impact Statement

question 70

Multiple Choice

After calculating your affordable loss in writing your impact statement, the next step is ______.

• A)make a start in your business
• B)get funding from a friend
• C)go to the SBA and get help with your business plan
• D)tell all your friends about your strategy

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Definitions:

Representative Democracy

A form of democracy in which citizens elect officials to represent them in making laws and policy decisions on their behalf, rather than voting on legislation directly.

Majority Rule

A decision-making process that follows the preference of more than half of the members in a group.

Public Choice Analysis

An economic theory that studies how public decisions are made, considering individuals as rational actors who pursue their self-interest.