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Economic analysis indicates that:

a. unorganized groups of taxpayers and consumers will be better able to secure redistribution through the political process than well-organized interest groups.

b. rent-seeking activities are beneficial to a nation's prosperity because they alter public policy.

c. most income transfers in the United States are directed toward the poor.

4. market adjustments and competition for transfers will erode much of the gain of transfer recipients. 

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Sonal Bahl
Sonal BahlLv10
7 Dec 2020

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