When Considering Rent Seeking, Which of the Following Is True

question 94

Multiple Choice

When considering rent seeking, which of the following is true?

• A)The anti-free trade group generally will lobby more than the pro-free trade group.
• B)The pro-free trade group generally will lobby more than the anti-free trade group.
• C)Usually only the anti-free trade group is concerned about what is best for society at large.
• D)Only the pro-free trade group is concerned about the government's revenue from tariffs.
• E)Rent seeking is the primary reason why consumers gain from free trade.

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Definitions:

Mnemonic Techniques

Memory aids or strategies that enhance information retention and recall.

Rhymes

The repetition of similar sounding words occurring at the end of lines in poems or songs.

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