Members of Congress Contribute to Candidates Via

question 150

Multiple Choice

Members of Congress contribute to candidates via

• A)party caucuses.
• B)foreign organizations.
• C)PACs.
• D)back-door donations.
• E)Internet funding groups.

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Definitions:

Privately Owned

Owned by private individuals or corporations rather than by the government or public entities, often characterized by private decision-making and profit motivation.

Transaction Costs

Expenses incurred during the process of buying or selling a product or service, typically including taxes, communication charges, and other financial fees.

Transaction Costs

Expenses incurred when buying or selling goods and services, which may include search and information costs, bargaining costs, and enforcement costs.

Voluntary Exchange

A transaction where parties involved trade goods or services by mutual agreement, without coercion.