An example of government ownership of a monopoly is (LO6) a) the Tennessee Valley Authority b) the New York State Public Service Commission c) AT\&T d) General Motors

A government-owned monopoly is an organization or company that is owned and operated by the government and is the sole provider of a good or service in a specific market.

a) The Tennessee Valley Authority (TVA) is a federally owned corporation responsible for providing electricity and managing natural resources in the Tennessee Valley. As it is owned by the federal government and operates in a specific market, this option can be considered a government-owned monopoly. b) The New York State Public Service Commission is a regulatory agency responsible for overseeing public utility companies and ensuring they adhere to laws and regulations. It is not a direct provider of goods or services, so it does not qualify as a government-owned monopoly. c) AT&T is a telecommunications company that operates in the private sector. Though it has held a monopoly position in the past, it is not owned by the government; hence, it is not a government-owned monopoly. d) General Motors is a privately-owned corporation that operates in the automobile manufacturing industry. It is not owned by any government and competes with other car manufacturers, so it is not a government-owned monopoly.

By analyzing each of the options, we can conclude that the Tennessee Valley Authority (TVA) is the correct example of a government-owned monopoly among the given choices. Answer: a) the Tennessee Valley Authority