What Are Interest Groups?​

question 23

Multiple Choice

What are interest groups?​

• A) ​Independent, voluntary associations that seek to influence government policies
• B) ​Congressional subcommittees that seek to influence industry
• C) ​Policy committees of the executive branch that seek to streamline the bureaucracy
• D) ​Independent joint subcommittees from the executive and legislative branches

---

Definitions:

Sunk Costs

Costs that have already been incurred and cannot be recovered or altered, not affecting future business decisions.

Capital Budgeting

Capital budgeting is the process by which a business evaluates and selects long-term investments based on their potential to generate profitable returns over time.

After Tax Cash Flow

The amount of cash that a business or individual has available after all tax obligations have been paid, indicating the net cash generated or used over a period.

Depreciated

The decrease in the value of an asset over time, often due to wear and tear or obsolescence.