When labor unions and corporations make generous campaign contributions to politicians to get laws passed that favor their special goals or projects, then this actvity could be classified as either "special interest effect" or "rent seeking." True or false?
When labor unions and corporations make generous campaign contributions to politicians to get laws passed that favor their special goals or projects, then this actvity could be classified as either "special interest effect" or "rent seeking." True or false?
Economics (MindTap Course List)
13th Edition
ISBN:9781337617383
Author:Roger A. Arnold
Publisher:Roger A. Arnold
Chapter29: Interest, Rent, And Profit
Section29.2: Rent
Problem 3ST
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When labor unions and corporations make generous campaign contributions to politicians to get laws passed that favor their special goals or projects, then this actvity could be classified as either "special interest effect" or "rent seeking."
True or false?
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