To the Extent That Special-Interest Groups Engage in Rent Seeking

question 61

Multiple Choice

To the extent that special-interest groups engage in rent seeking, they

• A)are guilty of tax evasion
• B)tend to make the economy more efficient
• C)support legislation transferring wealth to themselves only if the measure increases the economy's overall efficiency
• D)shift resources from endeavors that create income to activities that simply transfer income
• E)tend to increase the economy's total output of goods and services while redistributing income

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Definitions:

Bribes

Illicit payments made to influence the actions or decisions of someone in a position of power.

Ethical Dilemma

A situation in which a person is required to choose between two equally problematic alternatives, often involving a conflict of moral principles.

Sexual Harassment

Unwelcome or offensive sexual behavior, which can range from inappropriate jokes to physical assault, that creates a hostile work environment.

Inappropriate Comments

Statements or remarks that are offensive, irrelevant, or not suitable for a particular context or audience.