Grown children fawning over an elderly parent in order to try to secure a larger inheritance is an example of
A) rent seeking.
B) logrolling.
C) rational ignorance.
D) public choice.

Question

Quizplus · Accepted Answer

This scenario is an example of rent seeking, where individuals use their resources to try to secure economic rent or benefits from others, in this case, an inheritance from their elderly parent.

Grown Children Fawning Over an Elderly Parent in Order to Try