What Is the Primary Function of a Political Action Committee

question 26

Multiple Choice

What is the primary function of a political action committee (PAC) ?

• A) to raise grassroots support for a particular interest
• B) to organize and coordinate a strategy of litigation
• C) to build better networks between interest groups and political parties
• D) to raise and distribute money to election campaigns
• E) to produce and carry out an institutional advertising campaign

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Definitions:

Price Mechanism

is the process by which the forces of supply and demand determine the price of goods and services in a market economy.

Circular Flow Model

An economic model illustrating the movement of goods, services, and money between households and businesses in an economy.

Demand

The desire and ability of consumers to purchase goods or services at given prices, playing a critical role in determining market prices and quantities.

Supply

The aggregate availability of a product or service for acquisition at a designated price.