Multiple Choice Questions

Which president initially proposed the development of the EPA?
  • brokers
  • Fines and sanctions are applied.
  • President Nixon
  • product safety laws
A _________ enforces government regulations in a specific area of the economy
  • only when necessary
  • mixed market.
  • Regulation
  • regulatory agency
An economy that balances government intervention with free enterprise is known as a__________
  • regulatory agency
  • Regulation
  • automobile emissions
  • mixed market.
What element do OSHA and SEC have in common?
  • communications infrastructure
  • Fines and sanctions are applied.
  • by the executive branch
  • Both create and enforce regulations.
In a mixed-market economy, the government regulates business _________.
  • only when necessary
  • by the executive branch
  • automobile emissions
  • regulatory agency
Which agency is under the authority of the Department of Labor?
  • Both create and enforce regulations.
  • Fines and sanctions are applied.
  • TO MAKE BUSINESS COMPETITIVEto enforce government interventionTO LIMIT AND PREVENT MONOPOLIESto allow businesses to collaborateto ensure only one business can operateTO PLACE REGULATIONS ON PRICES
  • OSHA
Who does the SEC oversee?
  • automobile emissions
  • brokers
  • communications infrastructure
  • product safety laws
How are government regulations established?
  • communications infrastructure
  • Both create and enforce regulations.
  • only when necessary
  • by the executive branch
Which of these regulations falls under the jurisdiction of the Environmental Protection Agency?
  • regulatory agency
  • mixed market.
  • only when necessary
  • automobile emissions
_________is defined as the government requiring businesses to perform specific procedures.
  • regulatory agency
  • automobile emissions
  • Regulation
  • mixed market.
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Multiple Choice Questions
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