Is an Indirect Technique Used by Interest Groups to Influence

question 58

Multiple Choice

is an indirect technique used by interest groups to influence public policy.

• A) Making personal contacts with key legislators
• B) Providing legal advice to legislators
• C) Following up on legislation
• D) Providing election support
• E) Airing issue ads

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Definitions:

Deadweight Loss

A loss of economic efficiency that can occur when the free market equilibrium for a good or a service is not achieved, leading to a mismatch between supply and demand.

Consumer Surplus

The discrepancy between what consumers are prepared and capable of spending for a product or service and the actual amount they end up paying.

Producer Surplus

The difference between what producers are willing to accept for a good or service versus what they actually receive.

Tax Revenues

Income that the government receives from taxation, which can be levied on individuals, corporations, and other legal entities.