The 501c's Ability to Hide Its Contributors Created a New

question 36

Multiple Choice

The 501c's ability to hide its contributors created a new campaign-finance issue. Which of the following best describes the views of Democrats?

• A) Democrats argued that the right to freedom of association would be violated if donor anonymity is encouraged.
• B) Democrats argued that anonymous contributions were simply a further corruption of the political process.
• C) Democrats argued that revealing the identity of donors would limit the amount contributed to political campaigns.
• D) Democrats argued that unaccounted contributions would provoke the Supreme Court to limit campaign financing.
• E) Democrats argued that donors needed the right to remain anonymous so that they would not have to fear retribution.

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Definitions:

Excess Reserves

The amount of reserves a bank holds beyond the required minimum, which can be lent out to stimulate economic activity or held to meet future needs.

Create Money

The process by which central banks or monetary authorities increase the money supply.

Deposit Account

A deposit account is a bank account that allows the holder to deposit and withdraw money, often earning interest, including savings accounts, checking accounts, and other transaction accounts.

Liabilities

Financial obligations or debts that a company or individual owes to others, which must be paid back in the future.