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Coltonht Coltonht
wrote...
Posts: 310
A week ago

Question 1.

Some individuals seek to use government action to make themselves better off at the expense of others. The actions of these individuals



are examples of fraud; but these individuals usually avoid prosecution because of logrolling and rational ignorance.



are examples of rent seeking.



are evidence of the voting paradox.



offer proof that Adam Smith's "invisible hand" is not valid.



Question 2.

Logrolling refers to attempts by individuals to use government action to make themselves better off at the expense of others.



▸ true

▸ false
Textbook 

InMicro


Edition: 1st
Authors:
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kirakira15kirakira15
wrote...
Posts: 292
A week ago
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Answer 1

are examples of rent seeking.



Answer 2

false
1

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