When Resources Are Allocated Politically, Rent-Seeking Will

question 90

Multiple Choice

When resources are allocated politically, rent-seeking will

• A) channel resources toward government programs that generate large benefits relative to costs.
• B) reduce GDP because it results in the wasteful use of resources.
• C) lead to wasteful, rather than productive, use of resources.
• D) improve the efficiency of resource use.

---

Definitions:

Token Economy

A behavioral modification system that utilizes tokens as symbolic reinforcements for desirable behaviors, which can later be exchanged for specific rewards.

Positive Reinforcement

Adding a desirable stimulus to increase a behavior, making it more likely to occur in the future.

Punishment

A consequence or penalty imposed for a perceived or actual offense, intended to reduce or eliminate undesirable behaviors.

Classical Conditioning

An educational process that unfolds by linking an external stimulus with a naturally happening stimulus, which results in a conditioned response.