The Owner of a Garage Makes Large Contributions to a Politician

question 9

Multiple Choice

The owner of a garage makes large contributions to a politician who is seeking the office of state governor.If his candidate wins, he will get the contract, which now resides with a competitor, to repair State Police vehicles.This is an example of

• A)moral hazard.
• B)externality.
• C)rent seeking.
• D)investment.

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Definitions:

Job Dissatisfaction

A state of unhappiness or discontentment with one's job, often due to factors like poor working conditions, low pay, or lack of recognition.

Job Avoidance

A behavior or mindset where an individual tries to escape or minimize their work duties and responsibilities.

Psychological Defenses

Mechanisms employed by the psyche to protect the individual from anxiety-producing thoughts or feelings.

Aggression

A behavior aimed at causing harm or pain to others.