Rent seeking refers to
a. what landlords do
b. looking for an apartment
c. capturing the economic results of government-created scarcity
d. all profit-making activity
e. all of the above
C
Economics
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The First World is made up of communist nations
a. True b. False Indicate whether the statement is true or false
Economics
The benefits of economic growth are ________, while the costs of economic growth are ________.
A. increased output per person; too small for concern B. more current consumption; less future consumption C. increased output per person; less future consumption D. increased output per person; the consumption sacrificed in exchange for capital formation
Economics