Rent-seeking behavior refers to actions by landlords to pressure the government into subsidizing rent for its low-income residents.

Question

Quizplus · Accepted Answer

Rent-seeking behavior refers to efforts by individuals or firms to gain unearned income through manipulating the social or political environment, rather than by creating new wealth or providing valuable goods or services. It does not specifically relate to actions by landlords regarding subsidies for low-income residents.

Rent-Seeking Behavior Refers to Actions by Landlords to Pressure the Government