As a Result of the Supreme Court's Decision in Citizens

question 48

Multiple Choice

As a result of the Supreme Court's decision in Citizens United v. Federal Election Commission (2010) and a Federal Court of Appeals ruling in Speechnow v. FEC (2010) ,

• A) there is now no limit on the ability of corporations, unions, nonprofit groups, or individuals to fund political advertising provided they do not contribute directly to a candidate's campaign.
• B) candidates can no longer fund advertising in political campaigns.
• C) groups cannot spend money on political ads that attack or praise specific candidates.
• D) individuals can contribute unlimited amounts of money directly to a candidate's campaign.
• E) political action committees (PACs) are outlawed.

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Definitions:

Cigarette Taxes

Taxes imposed on the sale of cigarettes to increase revenue for the government and discourage smoking by raising prices.

Inelastic

A characteristic of demand or supply that shows a small response or change to variations in price levels.

Excise Tax

A tax levied on specific goods, services, and activities, such as alcohol, tobacco, and gasoline, often to discourage their use or generate revenue for a specific purpose.

Demand for Pumpkins

denotes the consumers' willingness and ability to purchase pumpkins at various prices, influenced by factors such as seasonality, price, and consumer preferences.