When a Government Unit Owns and Operates an Organization,the Arrangement

question 5

Multiple Choice

When a government unit owns and operates an organization,the arrangement is known as _____.

• A)private ownership
• B)a cooperative
• C)public ownership
• D)employee ownership

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Definitions:

Monetarists

Economists who believe that changes in the money supply have major influences on national output in the short run and the price level over longer periods.

Economic Growth

An increase in the production of goods and services in an economy over a period of time, often measured by GDP.

Money Supply

The total amount of monetary assets available in an economy at a specific time, including cash, bank deposits, and liquid assets.

Classical Economists

Economists from the 18th and 19th centuries who focused on free markets, supply and demand, and the idea of self-regulating economies.