Rent Seeking Is

question 77

Multiple Choice

Rent seeking is

• A)when consumers search for the lowest possible rent on housing.
• B)illegal in the U.S.
• C)what regulators do to improve their chances of getting jobs in the regulated industry after they leave government service.
• D)where firms expend effort and money to profit from government actions.

---

Definitions:

Cultures

The social behavior, norms, knowledge, beliefs, arts, laws, customs, capabilities, and habits of the individuals in these groups.

Public Opinion

The collective attitudes or beliefs of the general public about particular issues or topics.

Ethical Issue

A problem or situation that requires an individual or organization to choose between alternatives that must be evaluated as right (ethical) or wrong (unethical).

Policing Policies

Guidelines and directives that govern the activities and conduct of police forces and officers.