If the government becomes more heavily involved in subsidizing some businesses and sectors of the economy while

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If the government becomes more heavily involved in subsidizing some businesses and sectors of the economy while levying taxes on others, how will this influence the quantity of rent seeking? How will this affect long-term growth? Explain your response.

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Macroeconomics Private And Public Choice

ISBN: 9780538754286

13th Edition

Authors: James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson

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