What does "rent seeking" mean as it was used our textbook? Multiple Choice O This just refers to the standard corruption that always takes place in Washington D.C. and the Sacramento legistlature. Rent seeking activities refers to things like bribes, kickback payments, and guaranteed cushy jobs after they leave politics. O This refers to politicians who pass laws that favor special tax breaks and guaranteed loans for certain firms in their districts that they represent. If the firms fail, the taxpayer will be on the hook to bear the cost of failure. O This refers to the price ceiling tactic of rent control. O It simply means someone is shopping for a cheap apartment