Which of the following is a critique of interest groups in the US? All the listed responses are correct. The more money the group has the more influence they will have over US policies. Even if someone doesn't participate in the group efforts, they still receive the benefits. Interest groups too often only (or mostly) include members who have wealth and education. O O O O

Which of the following is a critique of interest groups in the US? All the listed responses are correct. The more money the group has the more influence they will have over US policies. Even if someone doesn't participate in the group efforts, they still receive the benefits. Interest groups too often only (or mostly) include members who have wealth and education. O O O O

Economics Today and Tomorrow, Student Edition

1st Edition

ISBN:9780078747663

Author:McGraw-Hill

Publisher:McGraw-Hill

Chapter19: Economic Growth In Developing Nations

Section: Chapter Questions

Problem 17AA

See similar textbooks

Related questions

Q: Refer to Figure 3-1. The rate of trade-off between producing chairs and producing couches is…

A: Let us define the concept of opportunity cost. Opportunity cost theory states that the cost of a…

Q: Please answer full questions including fill in the blanks.

A: When an initial injection into a circular flow results in a larger ultimate rise in real national…

Q: Consider two states that adopt different laws concerning labor unions. The following graph shows the…

A: There would be an excess supply of labor in the market at the wage rate of $12.5. At the wage rate…

Q: I need help with this

A: OPPORTUNITY COST: Opportunity cost is the benefit lost by an individual, investors, or business…

Q: ramifications /effects for Employees moving from the UK to Germany?

A: The countries in the European Union can trade freely between labour, capital, goods and services.…

Q: Answer parts d and e

Q: ge anson Business in a neighboring sta ality. Has Hilga realized income? If so, when 7 How much…

A: Tax is the mandatory payment that is paid by every individual in the country, There are various…

Concept explainers

Comparative Advantage and Absolute Advantage Analysis

The theory of absolute advantage was given by Adam Smith in the year 1776.

Question

helpp

Which of the following is a critique of interest groups in the US?
All the listed responses are correct.
The more money the group has the more influence they will have over US policies.
Even if someone doesn't participate in the group efforts, they still receive the benefits.
Interest groups too often only (or mostly) include members who have wealth and education.
O O O O

Expert Solution

This question has been solved!

Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.

This is a popular solution!

SEE SOLUTION Check out a sample Q&A here

Step 1

VIEW

Step 2

VIEW

Trending now

This is a popular solution!

Step by step

Solved in 2 steps

SEE SOLUTION Check out a sample Q&A here

Knowledge Booster

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.

Similar questions

Who benefits from FDI? Would you argue for or against a country blocking FDI? Why? Give real-world examples to defend your arguments.
Some Americans feel that U.S.-based firms should not undertake FDI in other countries because it results in expanding business opportunities in those countries and does not benefit the United States. How may the data on PengAtlas Map 2.3 be used to refute that view?
How would you explain the financial functions as a social imperative in a country like South Africa?
I believe that yes, the United States is a just society. People can be whatever they want and make the amount of money they want or work to make the most money they can. Based off a capitalist economy citizen of this country are able to make choice that allow them to prosper from an economic standpoint and become wealthy based off work ethic, specific jobs one might hold or certain College degrees one obtains. There are those that do not place as much effort into their lives and assume that they deserve the most when they give little to obtain the best for themselves. There are no mandates that require you to hold a job throughout our society to help benefit the economic growth of the United States please help respond to this discussion post
NationalGranting a conventional loan requires that the borrower provide the lender with.....?
In which work did Adam Smith discuss the idea that self-interest implies one is more interested in what happens to oneself more than what happens in a remote part of the world? a) A Treatise on Capitalism b) The Wealth of Nations c) The Theory of Moral Sentiments d) Das Kapital
My strongest moral consideration in favor of capitalism is freedom. You have a freedom of pursuing whatever career or business you want to. You also have the freedom to pursue that career in any path you want. Obviously, some paths are easier and straighter that others, but you can do what you want and work up the corporate ladder to the top. People are age don't really know what they want to do with their lives, but they still pursue degrees and go through the work to possible pursue a job they don't even want to do. That is the freedom that is favorable. In the movie, The Wolf of Wall Street, the main character starts his own firm to run stock. Although what he did was illegal, he had the freedom to start his own business and pursue it the way he wanted. My objection to that is the way businesses are run. Like in the movie, the main character scammed a lot of people and got rich from it. And in that movie, many other stockbrokers worked for him and helped him make millions scamming…
I feel that the strongest moral consideration in favor of capitalism would be the freedom to pursue a business for private ownership or have private ownership of your own business by building it from the ground up. If you want to start your own business, you can do that. If you are interested in a specific job, you can figure out a plan to get yourself educated in that field, prove your worth through applying and interviewing, and you can eventually find yourself in that dream position through persistence and hard work. At the end of the day, it all depends on what you want to do. All of the pressure is on you to create the future you ideally want through the choices you make in the current market. I feel the strongest objection to capitalism is oftentimes the large majority of the profits go to the higher-up executives in many large companies. With the freedom of conducting business, upper management has the ability to control wages the way they feel necessary, which means the…
What is meant by "path dependence" in the context of the transition from socialism to capitalism? Why is stabilization critical for privatization to be successful?
What are sociotropic, ethnocentrism, or populist backlash models and how do they relate to liberalization or protectionism?
What does it mean to compare Gini Coefficients across different nations, or across different periods in time for one nation? What does a Gini Coefficient close to 1 indicate? What does a Gini Coefficient close to 0 indicate?
what is being done to end unemployemnt?