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When an Industry Spends Money Lobbying the Federal Government for Subsidies,and

Question 142

Multiple Choice

When an industry spends money lobbying the federal government for subsidies,and such subsidies would not be in the national interest,this behaviour is


A) the government acting as a monopsonist.
B) an externality.
C) efficient.
D) asymmetric information.
E) rent-seeking.

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