AARP lobbies aggressively for the interests of retired persons. For example, AARP has been instrumental in obtaining medical benefits for senior citizens. Such behavior on the part of AARP is called
A) government failure.
B) discrimination.
C) consumer loss.
D) rent-seeking behavior.

Question

Quizplus · Accepted Answer

Rent-seeking behavior refers to actions taken by individuals or groups to influence the distribution of economic benefits in their favor without contributing to productivity, typically through political or legal means. AARP's lobbying efforts to obtain medical benefits for senior citizens is an example of rent-seeking behavior, as they are attempting to influence government policy to benefit their members.

AARP Lobbies Aggressively for the Interests of Retired Persons