In the Context of Mixed Economies, Which of the Following

question 127

Multiple Choice

In the context of mixed economies, which of the following statements is true of the U.S. federal government?

• A) It directly operates firms in the financial sector.
• B) It does not own major enterprises.
• C) It is part owner in a number of financial institutions.
• D) It does not employ a significant number of people.

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Definitions:

Separate Office Staff

The action or policy of maintaining distinct administrative or clerical staff for different departments or functions.

Decentralization

The transfer of control and decision-making from a centralized entity to local or individual authorities.

Advantage

A condition or circumstance that puts a company or situation in a favorable or superior position compared to competitors.

Transfer Price

The price at which divisions of a company transact with each other, such as the exchange of supplies or labor between departments.