The Federal Government's Licensing of Broadcasting Is Based Primarily on

question 31

Multiple Choice

The federal government's licensing of broadcasting is based primarily on

• A)the fact that broadcasting is a national medium.
• B)the scarcity of broadcasting frequencies.
• C)the fact that broadcasting was invented after the First Amendment was adopted.
• D)the desire of national officials to control the content of broadcast news and entertainment.
• E)a desire to censor reporters so that they will stop criticizing governmental officials.

---

Definitions:

Net Present Value

The contrast in present value between incomes and expenditures of cash across a given time period.

Discount Factor(s)

A multiplier for determining the present value of future cash flows, reflecting the time value of money.

Salvage Value

The forecasted sale price of an asset at the conclusion of its effective life span.

Annual Cost Savings

The reduction in total expenses achieved during a fiscal year, often as a result of efficiency improvements, renegotiating contracts, or eliminating waste.