From the following, which statement best describes the difference between hard money and soft money?
A. Soft money refers to currency whereas hard money refers to coins
B. Soft money can be easily converted cashed out, whereas hard money cannot
C. Soft money is a donation to a politician, whereas hard money is a donation that cannot be traced or regulated
D. Soft money is unregulated donations to a politician, whereas hard money is donated money regulated by law
E. Soft money is a bribe, whereas hard money is a donation to the politician
Answer: D. Soft money is unregulated donations to a politician, whereas hard money is donated money regulated by law
Soft and hard money are distinct in that soft money is hard to track, and is not regulated by the Federal Election Commission. For example, money given under the table, written in the form of a gift, etc. is soft money. Hard money is a legal donation regulated by the FEC.
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According to the text, about two-thirds of those living in poverty do not have a job
Indicate whether this statement is true or false.
Which statement about the distribution of income in the United States is CORRECT?
a. The unequal distribution of income in the United States is comparable to that of other advanced democracies. b. The distribution of income in the United States has been steadily becoming more equal over the past 30 years. c. The distribution of income is much more unequal in the United States than in other advanced democracies and has been steadily rising over the past 30 years. d. The unequal distribution of income in the United States has become of particular concern to U.S. politicians since 1980 due to fears of class warfare. e. The unequal distribution of income in the United States is fairly evenly spread across racial groups.