Survival Rates of Entrepreneurial Ventures That Started in a Recession

question 68

Multiple Choice

Survival rates of entrepreneurial ventures that started in a recession are ________ those that started in an expansion.

• A)somewhat greater than
• B)less than
• C)about the same as
• D)much greater than

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Definitions:

Net Exports

The value of a country's total exports minus its total imports, representing the net effect of foreign trade on an economy’s spending.

Foreign Currency Exchange

The system or process of converting one country's currency into another, facilitating international trade and investment.

Supply Curve

A graph of the relationship between the price of a good and the quantity supplied.

Real Exchange Rate

A measure that compares the relative prices of goods and services between countries, adjusting for differences in price levels.