What Kind of Campaign Funds Are Subject to Clear Limits

question 78

Multiple Choice

What kind of campaign funds are subject to clear limits on how much can be raised but not on how much is spent?

• A) soft money
• B) independent expenditures
• C) overall spending
• D) hard money

---

Definitions:

Average Variable Costs

The total variable expenses of producing an item, divided by the quantity of items produced, accounting for costs that change with the production volume.

AVC Curve

The Average Variable Cost curve, in economics, represents how the variable cost per unit changes with the level of output.

AFC Curve

Average Fixed Costs curve; a graphical representation showing the average fixed costs of producing different levels of output, which typically decreases as output increases.

MC Curve

The marginal cost curve, which graphs the cost of producing one more unit of a good or service, showing how marginal cost varies with the quantity produced.