Question
1. If a special interest group represents 10% of society and gets a public policy passed that costs society $1 million and benefits that special
1. If a special interest group represents 10% of society and gets a public policy passed that costs society $1 million and benefits that special interest group $1 million, the net payoff for the special interest group will be: A) $100,000. B) $0. C) $900,000. D) $1,000,000. (incorrect answer)
2. During election years personal disposable income ________ more than at other times, while inflation tends to ________. A) falls; rise. (incorrect answer) B) grows; rise. C) grows; fall. D) falls; fall
3.The greater the share of the population that is brought into power, the: A) less likely that policies will offer something for everyone in the society. (incorrect answer) B) more likely that policies will offer something for everyone in the society. C) less likely that policies will be efficient. D) more likely that policies will impede economic growth.
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