An Organization of People with Shared Goals That Tries to Influence

question 40

Multiple Choice

An organization of people with shared goals that tries to influence public policy through a variety of activities is called

• A) a religious denomination.
• B) an interest group.
• C) a political action committee.
• D) a government.
• E) a corporation.

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Definitions:

Student Loan Interest Deduction

A tax deduction available for the interest paid on student loans used for higher education, which can reduce taxable income.

Child Support Payment

Payments made by a noncustodial parent to assist with the financial support of their children.

Alimony Payment

Payments made to a spouse or ex-spouse under a divorce or separation agreement, potentially deductible for the payer.

Deductible Student Loan Interest

Refers to the interest paid on a qualified student loan which may be deducted from income when calculating federal income tax.