Define and give an example of a government corporation. Why are some services provided by government corporations, whereas others are left to the private sector?
What will be an ideal response?
An ideal response will:
1, Define a government corporation as a corporation created and funded by the government to provide some public service.
2, Provide one or more examples, such as Amtrak and the Tennessee Valley Authority.
3, Explain the main factor that leads the government to create these corporations rather than rely solely on the private sector: that they typically provide services that would be insufficiently provided by private companies.
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a. a progressive tax b. the Council of Economic Advisors c. fiscal policy d. the Congressional Budget Office
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a.Deng Xiaoping b. Mao Zedong c. Hu Jintao d. Chiang Kai-shek