Logrolling can either increase or diminish economic efficiency.

Question

Quizplus · Accepted Answer

Logrolling refers to the practice of exchanging favors, especially in politics by reciprocal voting for each other's proposed legislation. While it can lead to the passage of bills that benefit specific groups and potentially increase economic efficiency through cooperation, it can also result in the approval of inefficient projects or policies due to the prioritization of personal or political gain over the public interest, thereby diminishing economic efficiency.

Logrolling Can Either Increase or Diminish Economic Efficiency