Principles of Economics 2e
Principles of Economics 2e
2nd Edition
ISBN: 9781947172364
Author: Steven A. Greenlaw; David Shapiro
Publisher: OpenStax
Textbook Question
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Chapter 18, Problem 18CTQ

Representatives of competing firms often comprise special interest groups. Why are competitors sometimes willing to cooperate in Older to form lobbying associations?

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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.
Why do some economists advocate taxingconsumption rather than income?
What are PILOTs and why might a nonprofit be willing to participate in a PILOT? Explain the common problems associated with majority-rule voting (i.e. direct democracy). What is the principal-agent problem and why to scholars believe that it is more pronounced with a government bureaucracy than with a private firm?

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Principles of Economics 2e

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