Principles of Economics 2e
2nd Edition
ISBN: 9781947172364
Author: Steven A. Greenlaw; David Shapiro
Publisher: OpenStax
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Textbook Question
Chapter 18, Problem 17CTQ
When Microsoft was founded, the company devoted very few resources to lobbying activities. After a high-profile antitrust case against it, however, the company began to lobby heavily. ‘Why does it make financial sense for companies to invest in lobbyists?
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How might special interest groups and lobbyists influence campaigns and elections?
Group of answer choices
political party and influence legislation.
They go door to door educating voters on campaign and election issues.
While they do not participate in elections, they exercise a lot of influence through their relationships with elected officials.
When politicians are elected to office, members of special interest and lobbyists take jobs working for that politician and in this way influence their work, campaigns, and elections.
Given the recent push and pull between state and federal power, what do you think this means for representation and democracy? Are we being more or less represented in this era of devolved federalism? Do you think democracy is doomed as traditional norms are eroded? What about the trend toward state's reducing rights of marginalized/minority groups? Or will an increase in state power ultimately be a good thing?
We know that lobbyists can influence campaigns, elections, and public policy. A good definition of lobbying is:
Group of answer choices
A person or group of people who are paid by the federal government to do analysis of what people in America care about so that correct public policies can be created.
The act of lawfully attempting to influence the actions, policies, or decisions of government officials
A person or group of people who talk to legislators and help them implement public policy.
A person or group of people who are paid by legislators to help them implement public policy.
Chapter 18 Solutions
Principles of Economics 2e
Ch. 18 - Based on the theory of rational ignorance, what...Ch. 18 - What is the cost of voting in an election?Ch. 18 - What is the main factor preventing a large...Ch. 18 - Why might legislators vote to impose a tariff an...Ch. 18 - True or false: Majority rule can fail to produce a...Ch. 18 - Anastasia, Emma, and Greta are deciding what to do...Ch. 18 - Suppose there is an election for Soft Drink...Ch. 18 - How does rational ignorance discourage voting?Ch. 18 - How can a small special interest group win in a...Ch. 18 - How can pork-barrel spending occur in a situation...
Ch. 18 - Why do legislators vote for spending projects in...Ch. 18 - Why does a voting cycle make it impossible to...Ch. 18 - How does a government agency raise revenue...Ch. 18 - What are some reasons people might find acquiring...Ch. 18 - What are some possible ways to encourage voter...Ch. 18 - Given that rational ignorance discourages some...Ch. 18 - When Microsoft was founded, the company devoted...Ch. 18 - Representatives of competing firms often comprise...Ch. 18 - Special interests do not oppose regulations in all...Ch. 18 - To ensure safety and efficacy, the Food and Drug...Ch. 18 - How is it possible to bear a cost without...Ch. 18 - Is pork-barrel spending always a bad thing? Can...Ch. 18 - The United States currently uses a voting system...Ch. 18 - What are some alternatives to a first past the...Ch. 18 - AT10 million dollar. Lobbying Congress to block...Ch. 18 - Occupy Wall Street was a national (and later...Ch. 18 - Say that the government is considering a ban on...
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