To the Extent That Special-Interest Groups Engage in Rent Seeking

question 61

Multiple Choice

To the extent that special-interest groups engage in rent seeking, they

• A)are guilty of tax evasion
• B)tend to make the economy more efficient
• C)support legislation transferring wealth to themselves only if the measure increases the economy's overall efficiency
• D)shift resources from endeavors that create income to activities that simply transfer income
• E)tend to increase the economy's total output of goods and services while redistributing income

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Definitions:

Alternative Medicine

Therapeutic practices and treatments that are not typically included in the realm of conventional Western medicine, such as acupuncture, herbal remedies, and homeopathy.

Mind-body Approaches

Techniques or therapies that aim to improve health and well-being by enhancing the connection between the mind and the body.

Biofeedback

A technique that teaches individuals to control bodily functions such as heart rate and muscle tension by monitoring physiological signals.

Hypnotic Treatment

A therapeutic technique involving hypnosis to alter a person's consciousness, perceptions, sensations, and behavior.