Which of the Following Is the Best Example of Nationalization

question 59

Multiple Choice

Which of the following is the best example of nationalization?

• A) In 1940, the city of New York purchased the bankrupt Brooklyn-Manhattan Transit rail lines.
• B) In 1979, Great Britain made a partial sale of British Petroleum to private investors.
• C) A private company contracts to manage all of a city's waste management.
• D) A country's economic policy calls for a balance of trade.
• E) A developing country receives a loan from the International Monetary Fund.

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Definitions:

Interest Revenue

Income earned from investments, loans, or other earning assets that yield interest over time.

Cash Dividends

Payments made by a corporation to its shareholders, usually as a distribution of profits in the form of cash.

Equity Method

An accounting technique used by firms to assess the profits earned by their investments in other companies by reporting these profits as income.

Held-To-Maturity Securities

Investments in bonds or other debt securities that management intends to hold to their maturity.