How does the textbook define the term rent?
a. charging an interest group for knowledge one has gained while working in the government
b. benefits that are offered to members of an interest group
c. giving or offering anything of value in an effort to influence government officials
d. payment for a good beyond the marginal cost of its production and supply
Question -2-Consider the Who's Getting What? box. Which of the following is an example of rent seeking?
a. a farm organization lobbying for subsidies on agricultural commodities
b. an environmental organization lobbying for clean air legislation
c. a union taking part in contract negotiations
d. a civil rights organization holding a demonstration
Question -3-Which of the following best describes the evolution of organized labor movements in the United States from 1950-2000?
a. increase in membership across the board and increased political influence
b. increase in membership across the board and significantly less influence
c. decline in industrial union memberships mixed with increases in government union memberships and similar influence compared to past decades
d. decline in memberships across the board but increased political influence
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