The contribution a small business on the economy is measured based on its impact to which economic systems? Question 16Answer a. International trade, interest rates, and the service industry b. Job creation, contributions to big business, and innovation c. The service industry, the stock market, and job creation d. Bank loans and innovation e. Bank loans, and contributions to big business

Why are small businesses important to a country's economy?Question 12Answera.They can provide specialist support to larger companies.b.They can be innovators of new products.c.They give an outlet for entrepreneurs.d.All the three.

________ effects on small business and small industries.

The government has the most influence over the production of goods and services in which economic system?A.Mixed economyB.Traditional economyC.Market economyD.Command economy

Classify the following issues as relating to microeconomics or macroeconomics.a. A family’s decision about how much income to save.b. The effect of government regulations on auto emissionsc. The impact of higher national savings on economic growthd. A firm’s decision about how many workers to hire.e. The relationship between the inflation rate and changes in the quantity of money

The government owns or has a strong hand in all small businesses in what type of economic system?Multiple Choicepure capitalismcommunismsocialismmodified capitalism