The Primary Justification for the Creation of a Government Corporation

question 39

Multiple Choice

The primary justification for the creation of a government corporation is to provide ______.

• A) infant industries with some protection
• B) revenue for the federal government
• C) competition in economic sectors currently dominated by a monopoly
• D) jobs for political cronies
• E) a service that the private sector is unable to offer

Learn how to calculate changes in price levels and inflation rates between different years.

Understand the conceptual distinction between measuring GDP using current-year versus base-year prices.

Understand the conceptual definition and computation of disposable income.

Recognize the roles of taxes, imports, and household production in the circular flow of income and expenditure model.

---

Definitions:

Gender Schema Theory

A cognitive theory which posits that people learn gender roles and behaviors through the socialization process, shaping their understanding and behaviors according to gender-specific expectations.

Gender Constancy

The understanding that one's gender identity is fixed and remains constant over time, regardless of external changes in appearance or behavior.

Social Development

The increasing complexity of behavior patterns used in relationships with other people.

Personality Development

The growth and changes in a person's character and behavior patterns over time.