Rent seeking often refers to ______.
A. politicians looking for bribes to deliver services
B. using government regulations to one’s personal benefit
C. increasing production efficiency to raise profits
D. voters seeking goods or services from politicians in exchange for their support
B. using government regulations to one’s personal benefit
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A businessman from New York is mugged in Florida. He must be afforded the same police services as a Florida resident because of the
a. full faith and credit clause. b. interstate rendition clause. c. privileges and immunities clause. d. original jurisdiction clause. e. interstate compact clause.
Americans are more patriotic than the citizens of other most countries
Indicate whether the statement is true or false
Which of the following statements is true of Medicare?
A) Medicare pays for health-care services for low-income persons, irrespective of age. B) Medicare is now the government's second-largest domestic spending program, after Social Security. C) The Medicare program pays for nursing home expenses. D) The costs of Medicare are expected to decline over the next two decades with the retirement of baby boomers. E) Medicare is an example of federal discretionary spending.
A country that has complete state ownership of property, no relevant property rights, and does not allow for political opposition or voter choice has which type of political system?
a. socialist b. aristocracy c. communist d. oligarchy