What Is Soft Money

question 101

Multiple Choice

What is soft money?

• A)previously unregulated contributions to political parties
• B)small campaign donations,generally under $200
• C)money a candidate spends on his or her own campaign
• D)funds that independent organization spend on a campaign

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Definitions:

Labor Supply

The total number of hours that workers are willing and able to work at a given wage rate.

Utility Maximizing

The economic principle that consumers will choose a combination of goods and services that maximize their overall satisfaction.

Indifference Curves

graphical representations in microeconomics illustrating combinations of goods that provide an individual with the same level of satisfaction.

Budget Constraint

A economic term that represents the limitations on the consumption choices of individuals based on their income and the prices of goods and services.