Examlex
The Center for Responsive Politics publishes data about dollars spent on lobbying efforts by major companies, industries and other entities seeking to influence Congressional legislation and the political process. The table below lists the industries that spent the most money on lobbying activities in 2011 and 2013:
Lobbying Industry
2011 Spending
2013 Spending
Pharmaceuticals/Health Products
$241,168,770
$226,114,456
Insurance
$158,404,505
$153,235,759
Oil & Gas
$150,771,677
$144,878,531
Computers/Internet
$126,827,796
$141,226,592
Electric Utilities
$145,610,040
$129,882,034
TV/Movies/Music
$123,061,396
$118,336,958
Business Associations
$106,490,640
$108,518,903
Securities & Investment
$104,689,226
$98,342,423
Misc. Manufacturing & Distributing
$118,520,754
$96,970,399
Hospitals/Nursing Homes
$98,480,316
$91,879,521
Health Professionals
$82,641,177
$85,003,284
According to this data, which one of the following statements is true?
Voting Rights
The rights of shareholders to vote on corporate matters, such as the election of board members or significant corporate actions, proportional to their share ownership.
Dividend Growth Model
A method used to value a stock by modeling the expected dividends and their growth rate.
Dividend Growth Model
A method used to estimate the value of a stock by considering expected dividends and their growth rate.
Constant Rate
A term used to describe a steady, unchanging rate of increase or decrease over time.
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