Chapter 18: Problem 3
What is the main factor preventing a large community from influencing policy in the same way as a special interest group?
Chapter 18: Problem 3
What is the main factor preventing a large community from influencing policy in the same way as a special interest group?
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Get started for freeSpecial interests do not oppose regulations in all cases. The Marketplace Fairness Act of 2013 would require online merchants to collect sales taxes from their customers in other states. Why might a large online retailer like Amazon.com support such a measure?
Based on the theory of rational ignorance, what should we expect to happen to voter turnout as the internet makes information easier to obtain?
How 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?
To ensure safety and efficacy, the Food and Drug Administration regulates the medicines that pharmacies are allowed to sell in the United States. Sometimes this means a company must test a drug for years before it can reach the market. We can easily identify the winners in this system as those who are protected from unsafe drugs that might otherwise harm them. Who are the more anonymous losers who suffer from strict medical regulations?
When Microsoft was founded, the company devoted very few resources to lobbying activities. After a high-profile antitrust case against it, however, the company began to lobby heavily. Why does it make financial sense for companies to invest in lobbyists?
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