What Are Two General Types of Interest Groups?​

question 32

Multiple Choice

What are two general types of interest groups?​

• A) ​Professional and amateur
• B) Labor and trade
• C) Conservative and liberal
• D) ​Economic and ideological

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Definitions:

Alternative Minimum Tax

A parallel tax system to the regular income tax that ensures that certain taxpayers pay at least a minimum amount of tax.

Corporations

Legal entities that are separate from their owners, capable of owning property, entering contracts, and being taxed.

Subject

A broad term typically referring to the main topic or person being discussed or studied.

Schedule M-1

A form used by corporations in the U.S. to reconcile income reported for tax purposes with income reported for financial reporting purposes.