According to Rent-Seeking Theory, Which Group Is Most Likely to Benefit

question 26

Multiple Choice

According to rent-seeking theory, which group is most likely to benefit from representative democracy?

• A)consumers
• B)taxpayers
• C)the poor
• D)children
• E)lawyers

---

Definitions:

Resistance Levels

A price level at which selling is thought to be strong enough to prevent the price from rising further.

Chartists

Analysts who use historical price and volume data to predict future market movements based on patterns and trends, also known as technical analysts.

Technical Analysis

A method of evaluating securities by analyzing statistics generated by market activity, such as past prices and volume, to identify patterns that can suggest future activity.

Fundamental Analysis

A method of measuring a security's intrinsic value by examining related economic and financial factors.