Question: 1. Define special-interest group. 2. Explain why special-interest groups tend to be well informed about their issue(s). 3. Explain why there is a good chance
2. Explain why special-interest groups tend to be well informed about their issue(s).
3. Explain why there is a good chance that special-interest bills will be passed.
4. Define logrolling and explain why it occurs.
5. Define rent seeking.
6. Explain why rent seeking by special-interest groups is socially wasteful.
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1 A special interest group is a subset of the general population that holds usually intense preferen... View full answer
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