Which of the Following Statements Is Not True Regarding the Diversity

question 27

Multiple Choice

Which of the following statements is not true regarding the diversity of entrepreneurs?

• A)Minority-owned businesses have come a long way in the past decade, and their success rate is climbing.
• B)Minority-owned businesses now account for approximately 22 percent of all businesses in the U.S.
• C)Immigrants with more education and experience than those of the past are coming to the U.S. and succeeding in entrepreneurial ventures.
• D)The numbers of part-time and home-based entrepreneurs are rising.

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Definitions:

Dollar Value

The worth of something in terms of the amount of currency it can buy or how much currency is required to buy it.

Loanable Funds Market

A theoretical market where borrowers and lenders interact to determine the interest rate and the quantity of loanable funds exchanged.

Real Interest Rate

The rate of interest an investor expects to receive after allowing for inflation, representing the true cost of borrowing.

National Saving

The sum of savings made by both individuals and the government within a country, crucial for financing national investments.