Special interest groups (such as doctors,teachers,lawyers,health insurance companies,the automobile industry and others)can best be characterized by which of the following statements?
A) They are constantly working the government to seek rents from policy decisions.
B) They are resistant to change in governmental policies that benefit them at the expense of others.
C) They help push through federal policies that result in technological backwardness, low productivity and less overall economic growth.
D) They can be characterized by all of the above.

Question

Quizplus · Accepted Answer

Special interest groups often work with the government to seek advantages (rents) from policy decisions, resist changes that might diminish their benefits, and can contribute to policies that may not always align with broader economic efficiency or growth. This encompasses seeking rents, resisting beneficial policy changes if they are at their expense, and potentially supporting policies that could lead to technological stagnation or lower productivity.

Special Interest Groups (Such as Doctors,teachers,lawyers,health Insurance Companies,the Automobile Industry