The political organization that may have too much influence on elected officials because of its generous contribution is the________________?
Correct answer: C. Political Action Committee
- A. Republican Club
- B. Democratic Club
- C. Political Action Committee
- D. Rules Committee
Explanation
A Political Action Committee raises and spends money to influence elections and legislation, so large contributions can give it disproportionate access to elected officials. Republican and Democratic clubs are party-related groups, while a Rules Committee is an internal legislative committee.
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Government revenue and expenditure are analysed through taxation, public borrowing, budgets, subsidies, transfers and public debt. The topic explains how fiscal policy affects resource allocation, income distribution, economic stability and growth, while distinguishing direct from indirect taxes, progressive from regressive taxation, and public goods from goods supplied by private markets.
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