Financial contributions to the campaigns of members of Congress, state legislators, and other elected officials by firms that seek special interest legislation that make the firms better off are
A) illegal.
B) the result of the voting paradox.
C) irrational because elected officials will almost always act in the interest of the voters who have to pay the cost of the legislation.
D) examples of rent seeking.
D
Economics
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Choices must be made because of scarcity; people do not have enough time or money to get everything they want
a. True b. False Indicate whether the statement is true or false
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In what circumstances would lenders most benefit?
A. When there is an anticipated decrease in inflation. B. When there is an unanticipated increase in inflation. C. When there is an anticipated increase in inflation. D. When there is an unanticipated decrease in inflation.
Economics