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Economics (MindTap Course List)

13th Edition
Roger A. Arnold
ISBN: 9781337617383

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BuyFindarrow_forward

Economics (MindTap Course List)

13th Edition
Roger A. Arnold
ISBN: 9781337617383
Textbook Problem

Why might special-interest groups favor transfer-promoting policies over growth-promoting policies?

To determine

Reasons for favoring transfer-promoting policies than growth-promoting policies by special interest groups.

Explanation

Transfer-promoting policies help to increase the size of slice relative to other, whereas growth-promoting policies increase the economic pie or the real GDP. While comparing these policies, the cost and benefit from transfer-promoting policies are greater than growth-promoting policies...

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