What Impact Has the Iron Triangle Had on the Function

question 87

Multiple Choice

What impact has the iron triangle had on the function of policymaking in American politics?

• A) It has lessened the influence of interest groups on public policy.
• B) It has prioritized military interest groups over all other interest groups.
• C) It has solidified the role of interest groups in the formation of policy.
• D) It has made the American public more accepting of the role of interest groups.

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Definitions:

Debt-Equity Ratio

A benchmark ratio illustrating how a company’s assets are financed by shareholders' equity and debt.

M&M II

Modigliani and Miller Proposition II; a theory on capital structure, which states that the value of a firm is independent of its capital structure, under certain assumptions.

Unlevered Cost

It refers to an investment's cost or return that does not consider the effects of borrowing or leverage.

Targeted Cost

A cost management strategy where a product's planned profit and required cost are computed by considering the competitive market price.