Which of the Following Would Be an Example of Rent

question 13

Multiple Choice

Which of the following would be an example of rent seeking?

• A) providing cash payments to influential industry leaders in return for political support
• B) giving control of a nationalized industry to supporters of those in power
• C) power sharing between labor and the military in a nondemocratic regime
• D) nationalizing a previously private utility and keeping it under tight state control

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Definitions:

Dysfunctional Norms

Group norms that hinder or have a negative impact on the individual or group performance, cohesiveness, or effectiveness.

Sequential Interdependence

A work process in which the output of one task becomes the input for the next, necessitating a particular order of operations.

Assembly Line

A manufacturing process in which parts are added to a product in a sequential manner to create a finished product efficiently.

Pooled Interdependence

a form of interdependence where different departments or groups within an organization contribute individually to a common outcome without direct reliance on each other.