"Rent seeking" describes the search and battle for opportunities to collect economic rents

a. True
b. False
Indicate whether the statement is true or false

True

Economics

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Which of the following contributes to increasing marginal returns?

A) decreasing implicit costs B) increasing explicit costs C) specialization of labor D) Both answers A and B are correct. E) Both answers A and C are correct.

Economics

When (if at all) are budget deficits inflationary?

a. when AS is perfectly horizontal b. when AS has a very steep slope c. when AS has a downward slope d. when AS intersects AD

Economics