Multiple Choice
Rent seekers are those who seek to
A) use the government to protect their existing property interests
B) use the government to change the rules of the market game in their favor
C) convert public land into private land
D) convert public resources into private resources
E) maximize their own private gains from trade
Correct Answer:
Verified
Correct Answer:
Verified
Q95: General Motors benefits from tariffs on imported
Q96: Exhibit 16-3 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6784/.jpg" alt="Exhibit 16-3
Q97: Exhibit 16-1 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6784/.jpg" alt="Exhibit 16-1
Q98: A public good, such as a community's
Q99: Rational ignorance helps explain why<br>A)legislators often trade
Q101: Special-interest groups have little incentive to<br>A)earn profits<br>B)redistribute
Q102: When the government increases taxes to provide
Q103: A good that is rival but nonexclusive
Q104: An example of traditional public-goods legislation is<br>A)price
Q105: Generally, people are more satisfied with private