The Fact That Interest Groups Favor the Wealthy and Well

question 4

Multiple Choice

The fact that interest groups favor the wealthy and well educated can be understood as a reflection of what eternal dilemma in American politics?

• A) Liberty is often inconsistent with equality.
• B) Democracy has not been helpful in reducing the number of factions.
• C) There are no efficient means of organizing the working class in the United States.
• D) Organized associations and groups inhibit freedom.
• E) It is difficult to have majority rule and also protect minority rights.

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Definitions:

Good Y

A hypothetical product used in economic models to discuss theories and principles.

Budget Constraint

A representation of all the combinations of goods and services that a consumer can afford to buy at given prices with their income level.

Income

Regular financial earnings from work or investment activities.

Lemonade

A sweetened beverage made from lemon juice, water, and sugar, commonly consumed cold.