Economic Censorship Is When the Media Avoid Certain Topics or Present

question 29

Multiple Choice

Economic censorship is when the media avoid certain topics or present biased coverage in response to concerns or demands of advertisers.Critics of advertising argue that it occurs because:

• A)the First Amendment of the Constitution guarantees advertisers the freedom of speech.
• B)disclosure laws in the United States are relatively weak.
• C)most consumers tend to distrust the media.
• D)most consumers tend to distrust advertising.
• E)advertising plays such a large role in financing the media.

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Definitions:

Income Effect

The adjustment in demand for goods and services triggered by a change in consumers' discretionary income.

Income Increases

Situations where an individual's or household's earnings rise, potentially affecting their spending, saving, and investment behaviors.

Budget Constraints

The limitations on the consumption choices of individuals or organizations due to limited resources.

Substitution Effect

The economic principle that as prices rise or incomes decrease, consumers will replace more expensive items with less costly alternatives.