All points outside the production possibility frontier are:

Select one:

a.efficient production points.

b.inefficient production points.

c.infeasible production points.

d.economic growth.

Corruption is similar to rent seeking activity when:

Select one:

a.a government bureaucrat uses an official car for personal business.

b.a firm pays a bribe in order to be awarded the monopoly cable television franchise.

c.a member of the legislature accepts a very large campaign contribution from an anonymous donor.

d.All of the above.

e.None of the above.

Cultural capital consists of:

Select one:

a.acquired behavioral characteristics.

b.material goods necessary to perform professional or social functions.

c.formal certifications that give a person status in a specific field or in society in general.

d.All of the above.

e.None of the above