The Underlying Principle of the Rent Chain Is That ________

question 24

Multiple Choice

The underlying principle of the rent chain is that ________.

• A) the greater the rents affected by a nonmarket issue, the lower are the incentives to take nonmarket action to obtain or protect those rents
• B) the lower the rents affected by a nonmarket issue, the greater are the incentives to take nonmarket action to obtain or protect those rents
• C) the rents affected by a nonmarket issue are independent of the incentives to take nonmarket action to obtain those rents
• D) the greater the rents affected by a nonmarket issue, the greater are the incentives to take nonmarket action to obtain or protect those rents

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Definitions:

Spanish Civil War

A military conflict from 1936 to 1939 between the Republicans, who were loyal to the democratic Spanish Republic, and the Nationalists, a rebel group led by General Francisco Franco.

Francisco Franco

A Spanish general who led the Nationalist forces to victory in the Spanish Civil War and governed Spain as a dictator from 1939 until his death in 1975.

Vichy Regime

The government of unoccupied France during World War II, collaborating with Nazi Germany from 1940 to 1944.

General Franco

A Spanish military leader who ruled as a dictator over Spain from 1939 until his death in 1975, after winning the Spanish Civil War.