Macroeconomics: Principles, Problems, & Policies
20th Edition
ISBN: 9780077660772
Author: Campbell R. McConnell, Stanley L. Brue, Sean Masaki Flynn Dr.
Publisher: McGraw-Hill Education
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Chapter 5.A, Problem 3ADQ
To determine
The Efficiency under democracy.
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Are interest groups good or bad for democracy? Defend and explain your answer.
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What are the two reasons why the government sometimes failed in their programs?
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Macroeconomics: Principles, Problems, & Policies
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- Explain what is the benefit of a free government.arrow_forwardHow might special interest groups and lobbyists influence campaigns and elections? Group of answer choices political party and influence legislation. They go door to door educating voters on campaign and election issues. While they do not participate in elections, they exercise a lot of influence through their relationships with elected officials. When politicians are elected to office, members of special interest and lobbyists take jobs working for that politician and in this way influence their work, campaigns, and elections.arrow_forwardHow do you see the actions of America's national government affecting your everyday life? What effect, if any, do you believe a more politically involved citizenry have on policy outcomesarrow_forward
- Explain how beliefs and opinions can shape government economic policy decision making. Provide an example;arrow_forwardHow is it possible to bear a cost without realizing it? What are some examples of policies that affect people in ways of which they may not even be aware?arrow_forwardHow does a government agency raise revenue differently from a private company, and how does that affect the way government makes decisions compared to business decisions?arrow_forward
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