Lobbying Is

question 24

Multiple Choice

Lobbying is

• A) an attempt by an individual or group to influence the passage of legislation by exerting indirect pressure, through advertisements and media coverage, on members of Congress or a state legislature.
• B) an attempt by an individual or group to influence the passage of legislation by exerting direct pressure on members of Congress or a state legislature.
• C) an attempt by an individual or group to influence the passage of legislation by exerting indirect pressure, through phone calls or e-mails, on members of Congress or a state legislature.
• D) the act of working on a re-election campaign.
• E) making illegal campaign contributions to government officials.

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Definitions:

Stated

Pertains to information, policies, or conditions that are formally expressed or declared by an authoritative source or document.

Long Hedger

An investor or trader who enters into contracts to purchase a commodity or asset at a future date to protect against price increases.

Short Hedger

An investor who hedges against potential price declines by selling futures contracts or entering into similar derivatives positions.

Increase

A rise in the quantity, level, or number of something.