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wariber [46]
3 years ago
10

Which of the following statements refers to rent seeking? "There is an opportunity cost whenever the federal government spends t

ax revenue. For example, an additional $1 billion spent on national defense means there will be less revenue for highway construction and maintenance or some other program." "Laws passed by the federal government often provide benefits for a small number of individuals. These individuals, in turn, have an incentive to contribute to the campaigns of politicians who pass these laws." "The role of the federal government in the U.S. economy grew significantly after the Great Depression. Government spending and taxes are a much greater proportion of total income today than they were in 1929." "The federal government should spend more money on programs that help low income citizens and less money on national defense."
Business
2 answers:
makvit [3.9K]3 years ago
5 0

Answer: "Laws passed by the federal government often provide benefits for a small number of individuals. These individuals, in turn, have an incentive to contribute to the campaigns of politicians who pass these laws."

Explanation: Rent seeking is an economic concept that revolves around government-funded social services and social service programs. It occurs when an entity seeks to gain added wealth without any reciprocal contribution of productivity.

Rent seeking can be said to be a process of obtaining economic rent by manipulating the social or political environment in which economic activities occur, rather than by creating new wealth.

An example of rent seeking is when

Laws passed by the federal government which often provide benefits for a small number of individuals. These individuals, in turn, have an incentive to contribute to the campaigns of politicians who pass these laws.

puteri [66]3 years ago
3 0

<u>Answer:</u>

<u><em>Laws passed by the federal government often provide benefits for a small number of individuals. These individuals, in turn, have an incentive to contribute to the campaigns of politicians who pass these laws</em></u>

<u>Explanation</u>:

When individuals or firms cunningly try to get benefits from government at the detriment of others it term rent seeking.

Implying they seek shelter under this laws that benefit them the most.

For example, certain tax laws may favor the weather citizens of a country and they (the wealthier citizens) may take advantage of that.

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Discuss the importance of national income statistics to the government of Ghana
satela [25.4K]

Answer:

The national income statistics are important to any government, including the government of Ghana.

The national income statistics measure the production of goods and services within the country, or by nationals from the country.

There are three important measures that are obtained from national income statistics:

  • Gross National Product (GDP): values the amount of goods and services produced domestically (in this case, whithin Ghana), in a given yar.
  • Gross National Product (GNP): values the amount of goods and services produced by Ghanian citizens, whether they live in Ghana or abroad. This measure is very important because there are many Ghanians living in other countries
  • Net National Product (NNP): It is equal to gross national product minus depreciated assets. This measure is important because it helps the Ghanian government see which investments are actually productive, and not just replacement investments for depreciated assets.

6 0
3 years ago
Mishandling and/or improperly managing a borrower’s funds is a practice prohibited by:___.
Gemiola [76]

Mishandling and/or improperly managing a borrower’s funds is a practice prohibited by RESPA

  • The Real Estate Settlement Procedures Act (RESPA) gives consumers more information about settlement expenses and lowers closing costs by doing away with kickbacks and referral fees.
  • The RESPA Act was ratified in December 1974 and went into force on June 20 of the following year. RESPA bans sellers from requiring title insurance firms and forbids loan servicers from requesting unreasonably large escrow accounts.
  • When bribes or other unethical activities took place during the settlement process, a plaintiff has up to one year to file a case to enforce violations. Mortgage loans for residential properties with one to four families are covered by the RESPA Act.
  • The majority of these are loans for purchases, refinances, assumptions, loans for property improvements, and equity lines of credit.

Learn more about RESPA here brainly.com/question/28202570

#SPJ4.

7 0
2 years ago
Pollution Busters Inc. is considering a purchase of 10 additional carbon sequesters for $100,000 apiece. The sequesters last for
Korolek [52]

Answer:

15percent o 100 annually

Explanation:

opportunity cost =(115-100/100)*100

7 0
3 years ago
According to Modigliani and Miller (MM), in a world with corporate income taxes, the optimal capital structure calls for approxi
Strike441 [17]

Answer:

True

Explanation:

The Modigliani Miller approach basically aims at the valuation of company, in which with each component of debt present with corporate taxes involved, the cost of business is reduced and that the value is increased.

As according to that when the taxes are present, the the debt component will only increase the return and value of the business.

Thus, it provides for increasing worth of business through debt utilization.

4 0
4 years ago
The the bacteria turn the nitrogen into
Archy [21]
Soil bacteria convert atmospheric nitrogen into nitrates that becomes usable by a plant's root(s) to absorb it and use it in chemical reactions.
5 0
3 years ago
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