Solved

As More Politically Directed Spending Leads to More Rent-Seeking Activity

Question 140

Multiple Choice

As more politically directed spending leads to more rent-seeking activity,


A) the spending will increase GDP, but only if it is directed toward productive activity.
B) the spending will decrease GDP, but only if it is directed toward unproductive activity.
C) resources will be channeled toward unproductive activity and away from productive activity.
D) resources will be channeled toward productive activity and away from unproductive activity.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents