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Resources expended to secure rents (or surpluses) are essentially wasted when you consider a winner-takes-all decision such as Where to have the World Cup True
Resources expended to secure "rents" (or "surpluses") are essentially wasted when you consider a "winner-takes-all" decision such as "Where to have the World Cup" True False
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Macroeconomics Principles, Problems, & Policies
Authors: Campbell McConnell, Stanley Brue, Sean Flynn
20th Edition
0077660773, 9780077660772
