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3 years ago

Are policymakers susceptible to rent-seeking behavior? Explain. Rent-seeking behavior

Business

1 answer:

Taya2010 [7]3 years ago

4 0

The correct answer is D: May succeed when many voters are rationally ignorant.

Further Explanation:

Rent-seeking behavior can best be described a person lobbying for a particular business or person. Many times a politician is bribed to give a that business certain legislature rules/laws in favor for that company.

If logrolling is permissible, the rent seeking may be successful. Many times the this produces results that are not favorable to the public and can even be harmful. It really helps to understand the government policies when a person understands rent-seeking behavior.

Some ways a government may fail is;

rent seeking behavior
Regulatory capture
rational ignorance
logrolling

Learn more about rent-seeking behavior at brainly.com/question/13767756

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Which of the following errors would cause the adjusted trial balance to be unequal? a. The adjustment for prepaid insurance was

zalisa [80]

Answer: Option (C) is correct.

Explanation:

There is a adjustment entry for depreciation of $3,545 but the amount that is debited as depreciation expense is different from the amount that is credited as accumulated depreciation.

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To Accumulated Depreciation $3,545

This will lead to an unequal adjusted trial balance.

Option 'A' and 'B' has no effect on the adjusted trail balance to be unequal because whole transaction is omitted.

Option 'D' also has no effect on adjusted trail balance because the debit and credit amount will still match.

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3 years ago

A posthypnotic suggestion is made ________ a hypnosis session and intended to be carried out in the future when the subject is _

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3 years ago

A questionnaire was given to students. the first question asked was "how stressed have you been in the last week on a scale of

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The question is: Which scale rating describes the greatest number of student and how many student responded with this rating.
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3 years ago

If the federal open market committee decides to increase the money supply, then

OLEGan [10]

Answer:

the Federal Reserve creates dollars and uses them to purchase government bonds from the public.

Explanation:

The money supply is increased by the Federal Reserve Open Market Committee under expansionary monetary policy actions to increase the level of aggregate demand in the market and push the level of output when business activity in the economy is low and the economy is experiencing a recession.

The FOMC creates dollars and uses them to purchase government bonds from the public that injects money in the market by increasing the credit creation capacity of commercial banks. As the money supply increases, the spending capacity of consumers is increased, either by lowering the cost of debt on their credit cards or by increasing employment in the market with increased investments by firms as they borrow with greater zeal when the cost of borrowing is low.

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3 years ago

Ramort Company reports the following cost data for its single product. The company regularly sells 20,000 units of its product a

kotykmax [81]

Answer:

Contribution margin per unit= $33

Explanation:

Giving the following information:

The company regularly sells 20,000 units of its product for $60 per unit.

Direct materials $ 10 per unit

Direct labor $ 12 per unit

Overhead costs for the year Variable overhead $ 3 per unit

Fixed overhead per year $ 40,000

Selling and administrative costs:

Variable $ 2 per unit

Fixed $ 65,200

Normal production level= 20,000 units

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Unitary variable cost= direct materials + direct labor + variable manufacturing overhead + variable selling and administrative

Unitary variable cost= 10 + 12 + 3 + 2= $27

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3 years ago

Are policymakers susceptible to​ rent-seeking behavior? Explain. ​Rent-seeking behavior

Are policymakers susceptible to rent-seeking behavior? Explain. Rent-seeking behavior