Money that cigarette manufacturers spend on lobbying efforts in Washington,D.C. ,is an example of

Name: Money that cigarette manufacturers spend on lobbying efforts in Washington,D.C. ,is an example of
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Rent seeking refers to the practice of seeking to increase one's share of existing wealth without creating new wealth. In this case, cigarette manufacturers are spending money to influence government policies in their favor, which is an example of rent seeking.

Money That Cigarette Manufacturers Spend on Lobbying Efforts in Washington,D