Multiple Choice
Attempts by professional lobbyists in Ottawa to influence the government's subsidy to the shipbuilding industry,even when such a subsidy is not in the national interest,represents
A) an inefficient public choice.
B) the government acting like a monopolist.
C) rent seeking.
D) an externality.
E) asymmetric information.
Correct Answer:
Verified
Correct Answer:
Verified
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