Which two statements are true about the role of small business in the U.S. economy?

Question

Approximately 50 percent of all U.S. firms are small businesses.

Small businesses employ nearly half of all private workers.

More than 99 percent of U.S. firms are classified as small businesses.

Small firms represent approximately 25 percent of exported goods from the United States.

Answer 1

The two statements that are true about the role of small business in the U.S. economy are:

1) Small businesses employ nearly half of all private workers.
2) More than 99 percent of U.S. firms are classified as small businesses.