In Recent Years,almost All New Job Creation in the United

question 74

Multiple Choice

In recent years,almost all new job creation in the United States has occurred in the __________ sector:

• A)service
• B)manufacturing
• C)agricultural
• D)telecommunications

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Definitions:

Individual Income Tax Returns

Documents filed by individuals to report income, claim deductions, and determine the amount of tax owed to or refundable by the government.

Corporate Profits Tax

A tax imposed on the net income of a corporation, calculated after operational and capital expenses have been deducted.

Corporate Sector

Refers to the segment of an economy comprised of private and publicly traded corporations, involved in commercial and industrial activities.

Noncorporate Sector

Parts of the economy that are not incorporated as businesses, including households, sole proprietorships, and some partnerships.