Rent Seeking Is the Actions of

question 68

Multiple Choice

Rent seeking is the actions of

• A) individuals and groups who spend resources to influence public policy in the hope of redistributing income to themselves from others.
• B) a subset of the population that hold intense preferences for a particular government service.
• C) some citizens who choose not to acquire information because the costs of acquiring the information are greater than the benefits.
• D) politicians who exchange votes to gain support for their own legislation.

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Definitions:

Cultural Group

A collection of people who share common languages, customs, traditions, and often geographical origins, shaping a shared identity.

Stereotyping

The act of applying generalized opinions or characteristics to all members of a group, regardless of individual differences, often leading to misconceptions and biases.

Face To Face Communication

Interpersonal communication that occurs in person, allowing for immediate feedback.

Tertiary Prevention

Actions taken to reduce the impact of an already established disease by alleviating pain and attempting to restore functionality.