What Is a Government Corporation

question 55

Multiple Choice

What is a government corporation?

• A)Each department in the executive branch is legally registered as a corporation.
• B)It is an agency that performs and charges for services usually provided by the private sector.
• C)It is a private company,publicly traded,whose sole investor is the federal government.
• D)It is a government agency that is charged by Congress to make a profit.

---

Definitions:

Resources

The inputs, or factors of production, used to produce the goods and services that people want; resources consist of labor, capital, natural resources, and entrepreneurial ability.

Goods

Physical items that are produced and can be bought, sold, or traded, fulfilling consumer needs or desires.

Services

Economic activities that provides intangible products, such as healthcare, education, and entertainment, rather than physical goods.

Population Growth

The increase in the number of individuals in a population, often expressed as a percentage of the total population.