Which of the Following Statements About Ownership of the Media

question 23

Multiple Choice

Which of the following statements about ownership of the media is LEAST accurate?

• A)In many democracies, the government owns all or many of the major news outlets.
• B)In the United States, the government does not own or control any major news outlet.
• C)Some critics fear that corporate domination of the media leads to news that is meant to entertain rather than to inform.
• D)Even some reporters feel that the profit motive in present-day journalism leads newsmakers to jump to conclusions before the facts are in, in order to "out scoop" their competitors.
• E)Control of media outlets is being increasingly concentrated into the hands of a small number of corporations.

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Definitions:

Active Income/Loss

Income or losses generated from direct business activities or employment, as opposed to passive income from investments.

Passive Income/Loss

Earnings from rental property, limited partnerships, or other enterprises in which the individual is not actively involved.

Passive Activity Loss Rules

Regulations that limit the amount of losses taxpayers can deduct from passive activities, such as rental properties, against other income.

At-Risk Rules

Tax regulations limiting the amount of deductible losses from certain types of investments to the amount actually at risk.