Multiple Choice
Which of the following is true of special-interest legislation?
A) The resources used by special-interest groups to persuade elected officials to create legislation to increase their wealth are productive to society because they increase real output.
B) The resources used by special-interest groups to persuade elected officials to create legislation to increase their wealth are unproductive to society because they do not increase real output.
C) Special-interest legislation created through rent seeking usually creates widespread benefits for the rest of the society.
D) Special-interest legislation confers concentrated benefits on one group by imposing concentrated costs on another group.
E) Special-interest legislation increases inefficiency by bidding up the price of specialized resources.
Correct Answer:

Verified
Correct Answer:
Verified
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