Grunig and Hunt argued that at its purest, lobbying means providing sufficient data to a legislature so that all the facts can be known before a vote is cast. But is it that simple? Some third-party political actors have shown a willingness to use their resources to win arguments against policymakers in the public sphere, thereby shaping public policy to suit private interests.Does lobbying help or hinder the democratic process in Australia?
A family plan
A family plans to purchase their first home in 5 years. To afford the monthly payments, the couple estimates they will need a down payment of $150,000 at that time. Assuming they can earn 7% of their investment, how much money will they need to deposit today?