Which One of the Following Statements Is Accurate

question 16

Multiple Choice

Which one of the following statements is accurate?

• A) There were no limits to total campaign contributions made by political action committees in 2016.
• B) Individuals can contribute as much hard money to individual candidates as they desire.
• C) Political action committees can contribute as much hard money to individual candidates as they desire.
• D) The Supreme Court justices upheld the overall contribution limits that were established by federal law in 2002.

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Definitions:

Financial System

The system that covers the exchange of different goods, assets, or financial instruments among people, companies, or states.

Debt Finance

A method of raising capital through borrowing, which can involve issuing bonds or taking out loans, to be repaid at a future date.

Equity Finance

The method of raising capital by selling company shares to investors, in exchange for ownership interest.

Government Budget

A financial statement presenting the government's proposed revenues and spending for a financial year.