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Econ: Regulatory Policy Quiz
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Which are results of regulation in a mixed-market economy? Check all that apply.
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Regulations keep prices fair and prevent businesses from establishing monopolies.
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NOT the combination of:compliance with lawsadvantages for governmentcontrol of externalities
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A factory requires employees to work in unsafe conditions.
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labeling
A goal of financial regulatory agencies is to
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labeling
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prevent monopolies.
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property rights
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with some government intervention.
Government regulation is intended to
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A factory requires employees to work in unsafe conditions.
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discourage producers from taking harmful actions.
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with some government intervention.
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prevent monopolies.
A mixed-market economy is best defined as an economy
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discourage producers from taking harmful actions.
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A factory requires employees to work in unsafe conditions.
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prevent monopolies.
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with some government intervention.
The most efficient way to ensure that producers are responsible for products is through
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reveal
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property rights
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labeling
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Regulations keep prices fair and prevent businesses from establishing monopolies.
Which regulatory agencies provide general oversight for the banking industry?
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property rights
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Regulations keep prices fair and prevent businesses from establishing monopolies.
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NOT the combination of:compliance with lawsadvantages for governmentcontrol of externalities
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the Fed and the FDIC
In which situation would government regulation most likely be necessary?
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Regulations keep prices fair and prevent businesses from establishing monopolies.
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with some government intervention.
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A factory requires employees to work in unsafe conditions.
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NOT the combination of:compliance with lawsadvantages for governmentcontrol of externalities
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Multiple Choice Questions
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