Since the Demand for Labor Depends Upon the Demand for the Final

question 265

Multiple Choice

Since the demand for labor depends upon the demand for the final product, we say that labor is

• A) a derived demand.
• B) an "inverse" demand.
• C) a positive demand.
• D) a reverse demand.

Recognize the concept of political efficacy and its components.

Identify the role and authority of administrative agencies in the regulatory process.

Explain the impact of special interest groups on the creation of public policy.

Understand the nature and significance of external political advocacy.