In the World of Lobbyists,to Be "Microsofted" Has Come to Mean

question 51

Multiple Choice

In the world of lobbyists,to be "Microsofted" has come to mean a company has

• A) become vulnerable to adverse legislation and investigation as a result of failing to lobby the federal government.
• B) only lobbied members of one political party,who have just lost their majority.
• C) lobbied only the federal government,opening themselves up to adverse actions by state governments.
• D) allowed other companies to become free riders on their costly lobbying efforts.
• E) been legally prohibited from lobbying members of Congress as a result of their overuse of PACs.

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Definitions:

M1 Money Supply

The measure of the most liquid components of the money supply, including currency in circulation and demand deposits in banks.

Checkable Deposits

Bank deposits that allow the account owner to write checks to third parties; debit cards can also access these deposits and transmit them electronically.

Nonbank Public

Refers to individuals and entities that are participants in the economy and financial system but do not include regulated banking institutions.

Traveler's Checks

A preprinted, fixed-amount check designed to allow the person signing it to make an unconditional payment to someone else as a result of the payee's acceptance.