It could be argued that interest groups are an important and valuable part of the political process because they provide citizens with more effective representation. Others might argue that interest groups and interest group politics mostly increase the political clout of the richest and most powerful individuals and interests. What are the bases for these contending arguments; overall do you think interest groups are good or bad for the political system in California? What, if any, reforms would you recommend, and if not, why not?
What my Professor said : You will test if the
What my Professor said : You will test if the IFE model holds based on the regression results, so it’s not optional. Besides, without the a and b estimates from the regression, you cannot really forecast the exchange rate using the IFE model, so you need the IFE regression to