Rent-seeking activities include:
A) bribes.
B) lobbying.
C) favoritism.
D) bribes, lobbying, and favoritism.

Question

Quizplus · Accepted Answer

Rent-seeking activities refer to efforts made by individuals or groups to gain benefits from the government or other entities without actually creating any wealth. Bribes, lobbying, and favoritism are all examples of rent-seeking activities. Bribes involve offering money or gifts to government officials in exchange for favorable treatment. Lobbying involves attempting to influence government policies or decisions through communication with lawmakers, while favoritism involves the granting of special privileges or advantages to certain individuals or groups based on personal relationships or other non-merit criteria. Therefore, the correct answer is D.

Rent-Seeking Activities Include