An Emphasis on the Performance Ethic Is Most Likely in Programs

question 19

Multiple Choice

An emphasis on the performance ethic is most likely in programs sponsored by

• A)public,tax-supported recreation organizations.
• B)public,non-profit community organizations.
• C)private,non-profit sport organizations.
• D)private commercial clubs.

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Definitions:

Tax Laws

The legal rules and regulations governing how individuals and entities are taxed by governmental authorities.

Loanable Funds Traded

The marketplace for borrowing and lending, where loanable funds are exchanged, often involving financial institutions, with rates influenced by supply and demand.

Interest Rate

Borrowers face a cost, expressed as a percentage of the fundamental amount, for the privilege of using lenders' assets.

Supply of Loanable Funds

The total amount of funds available for borrowing in the economy, influenced by savings, government policies, and financial institutions.