What is meant by direct regulation? Give a few examples of direct regulation
What will be an ideal response?
Direct regulation or command-and-control regulation refers to direct actions by the government to control the level of a certain activity. These could include fishing quotas, zoning restrictions, antismoking laws, and blue laws (laws that restrict liquor sales on Sundays).
Economics
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In the Keynesian view, the main source of economic fluctuations is
A) interest rates. B) investment. C) consumption. D) inflation.
Economics
Numerically, the dominant type of business enterprise in the United States is
A) the corporation. B) the partnership. C) the proprietorship. D) the multinational corporation.
Economics