The direct resource costs of government intervention include the
A)increased costs of production arising from compliance with regulations.
B)resulting loss of productivity in the private sector.
C)opportunity costs of forgone investment.
D)salaries of government regulators.
E)rent seeking.

Question

Quizplus · Accepted Answer

The direct resource costs of government intervention specifically refer to the tangible expenses incurred by the government, such as the salaries of government regulators who are employed to enforce and manage the regulations.

The Direct Resource Costs of Government Intervention Include the