A Private Interest Association

question 66

Multiple Choice

A private interest association

• A) collects money and makes contributions to candidates in federal elections.
• B) tries to gain advantages or protections for its own members, predominantly economic groups.
• C) is another broad and generic name for an interest group.
• D) is a type of group that might be involved in public interest activities.
• E) tries to get government to act in ways that will serve interests that are broader and more encompassing than the direct economic or occupational interests of their own members.

---

Definitions:

Demand Curve

A graph showing the relationship between the price of a good or service and the quantity demanded by consumers, typically sloping downward from left to right.

Sales Price

The amount of money for which a product or service is sold to the customer.

Quantity Sold

The total number of units of a product or service sold during a specific period.

Market Forces

Natural economic factors that influence supply, demand, and prices within a marketplace, shaping business dynamics.