Question

1 Profits earned in a small business are considered business income and are taxed at a lower rate than personal income.

Ture or False

2 If a business is to be successful in the long run, it must treat its customers, employees, and community with social:

A integrity
B responsibility
C insight
D interests
E agendas

3 Inflation is a condition characterized by falling prices.

ture or flase

4 The Occupy Movement was considered a global protest against the private ownership of resources and the resulting undermining of democracy.

ture or flase

Answer 1

1 - False

It depends upon the federal and state governments to decide the tax rates for small business which may be higher or lower than personal rates.

2 - Option B

Responsibility

The complaince of the social responsibility is very important for the business to survive in long run.

3 - False

Inflation is the rise in general price level and not fall in price. Fall in prices is called deflation.

4 - True.

Occupy movement was launched in order to strengthen the weakening power of democracy