Special-interest groups _____
A) increase inefficiency through poor allocation of resources in the economy.
B) increase efficiency through the redistribution of resources in the economy.
C) are efficient because of the marginal benefit to society.
D) are productive because they reduce the price level in an economy.
E) are unproductive because they raise the price level in an economy.
Correct Answer:
Verified
Q103: Rents represent _
A)earnings that are below opportunity
Q104: Rent-seeking activity _
A)reduces an economy's overall efficiency
Q105: Much of special interest legislation leads to
Q106: A lobbyist for the coal industry asks
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