Bureaucratic Capture Is

question 5

Multiple Choice

Bureaucratic capture is:

• A) a specific avenue through which corruption and rent-seeking can occur.
• B) when government positions are filled with people who have close ties to the group they are supposed to regulate.
• C) a source of bias or personal sympathy that interferes with efficiency.
• D) All of these are true.

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Definitions:

Interest Rate

is the cost of borrowing money or the return on investment, expressed as a percentage of the principal, over a specified period.