Author Question: The federal government incentive to support special-interest groups (steel, auto, drug, environment) ... (Read 33 times)

cabate

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  • Posts: 537
The federal government incentive to support special-interest groups (steel, auto, drug, environment) at the expense of unorganized, widely dispersed groups (for example, taxpayers or consumers) occurs
 
  (a) only when the benefits that accrue to the special-interest group exceed the costs
  imposed on others.
  (b) when nonspecial-interest voters are unconcerned or uninformed about the issue, and
  campaign funds are readily available from the special-interest group.
  (c) only if the government action is efficient.
  (d) only if the government action will reduce the monopoly power of business or labor,
  and thereby lead to an improvement in the general welfare.

Question 2

From 1860 to 1910, international net capital flow into the U.S.
 
  (a) was positive when the U.S. economy expanded.
  (b) was neutral and not influenced by the U.S. business cycle.
  (c) was negative when the U.S. economy grew.
  (d) was positively impacted by U.S. discussions about and actual restrictions
  on immigration.



dajones82

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Answer to Question 1

(b)

Answer to Question 2

(a)



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