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Consider the following data that gives the quantity produced and unit price for three different goods across two different years to answer the next five questions: Assume that the base year is 2012.
-What was the inflation rate between the two years?
Political Campaigns
Organized efforts to influence the decision-making process within a specific group, often associated with candidates running for political office.
Political Action Committees (PACs)
Organizations that collect funds to donate to political campaigns or to spend on issues and activities to influence government policy.
Business and Professional Groups
Organizations that represent the interests of businesses and professional practitioners, often engaging in lobbying and advocacy efforts.
Third Parties
are political parties that operate alongside the two major parties in a two-party system, typically having less influence and smaller bases of support.
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