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:

Conducting Observation

The systematic process of recording the behavioral patterns of people, objects, and occurrences as they happen.

Individual

A single human being as distinct from a group, class, or family.

Acting Out

A behavioral response to stress, conflict, or other psychological issues, characterized by actions rather than reflections or feelings.

Valid Observation

An observation that accurately reflects the phenomenon it is intended to represent, providing reliable data.