When a Coalition of Credit Card Companies Form an Interest

question 78

Multiple Choice

When a coalition of credit card companies form an interest group called the Partnership to Protect Consumer Credit,this indicates:

• A) that credit card companies are interested in the public good
• B) that private interests are hiding behind the ideals of public interests
• C) that public interest groups are now actively involving private corporations
• D) that the free rider problem does not apply to private corporations
• E) that the credit card companies lack solidary benefits to offer their customers

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Definitions:

Government Involvement

The extent to which the government participates in the economy, through regulation, ownership, subsidy, or direct control of goods and services.

Legislative Issues

Concerns or matters that require lawmaking bodies to enact, amend, or repeal laws.

Disengaged Voters

Individuals who choose not to participate in elections or the political process, often due to apathy, dissatisfaction, or a feeling of disenfranchisement.

Logrolling

In politics, a practice where two or more parties agree to vote for each other's proposed bills or initiatives, though it can also refer to the exchange of favors or quid pro quo among legislators.