Which of the Following Is the Best Example of Rent-Seeking

question 126

Multiple Choice

Which of the following is the best example of rent-seeking behavior?

• A)Voters consider a ballot measure that would increase taxes to better fund schools.
• B)Students at a university lobby the administration to improve dorms and reduce class sizes without increasing tuition.
• C)Consumers try to get flying cars produced by telling automakers they are willing to pay for them.
• D)Senators vote for what their constituents want so they can get reelected.

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Definitions:

Cyber-fraud

The act of committing fraud using the internet or digital communications technology to deceive and illicitly gain from others.

Cyber-spoofing

The act of disguising one's identity online, typically by falsifying email addresses or manipulating caller ID information, often to deceive or defraud.

Criminal Simulation

In criminal law, the altering or falsifying of art objects, antiques, photos, films, recordings, manuscripts, and/or antiquities with the intent to defraud.

Forgery

The act of fraudulently making or altering a document with the intent to deceive or harm others.