Asked by
Ayushi Patel
on Nov 25, 2024
Verified
Logrolling can either increase or diminish economic efficiency.
Logrolling
The trading of votes by legislators to secure favorable outcomes on decisions concerning the provision of public goods and quasi-public goods.
Diminish
To decrease or make smaller in size, importance, or intensity.
- Absorb the notion and implications of rent seeking, logrolling, and the sway of special interest groups on the formulation of government policy.
Verified Answer
SS
Learning Objectives
- Absorb the notion and implications of rent seeking, logrolling, and the sway of special interest groups on the formulation of government policy.
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