How Do Interest Groups Differ from Political Action Committees (PACs)

question 47

Multiple Choice

How do interest groups differ from political action committees (PACs) ?

• A) They differ only in name and legal status, since they both try to influence government policies in largely the same ways.
• B) PACs are campaign finance organizations, focused on helping their favored candidates, while interest groups have broader policy goals.
• C) Interest groups are independent expenditure organizations that, by law, cannot have any formal ties or regular communication with PACs.
• D) Interest groups can be and often are organizations with long histories, whereas PACs are short-term organizations only.

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Definitions:

Alfred Marshall

A British economist known for his work on microeconomics and for developing the concepts of supply and demand elasticity.

Demand Analysis

The study of consumers' willingness to purchase a particular product or service at various prices and times.

Increase in Demand

A situation where more of a good or service is sought by consumers at each price level, leading to a rightward shift in the demand curve.

Supply Curve

A graphical representation showing the relationship between the price of a good or service and the quantity of that good or service that suppliers are willing and able to supply to the market.