Which of the Following Is True of Special-Interest Legislation

question 49

Multiple Choice

Which of the following is true of special-interest legislation?

• A)The resources used by special-interest groups to persuade elected officials to create legislation to increase their wealth are productive to society because they increase real output.
• B)The resources used by special-interest groups to persuade elected officials to create legislation to increase their wealth are unproductive to society because they do not increase real output.
• C)Special-interest legislation created through rent seeking usually creates widespread benefits for the rest of the society.
• D)Special-interest legislation confers concentrated benefits on one group by imposing concentrated costs on another group.
• E)Special-interest legislation increases inefficiency by bidding up the price of specialized resources.

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