Which of the following is an example of an agency concerned with social regulation?

A) Federal Communications Commission
B) Securities and Exchange Commission
C) Consumer Product Safety Commission
D) Federal Energy Regulatory Commission

Answer: C

Economics

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One of the primary objections to the new classical model is that ________

A) firms could easily get information about price movements and so would not be fooled for very long B) price is negatively related to quantity demanded, but positively related to quantity supplied C) business cycles are relatively brief in duration D) it failed to incorporate rational expectations into its presentation

Economics

What are the three phases of antitrust policy in the United States, since 1890?

a. 1890 to 1914, the rule of reason; 1914 to the early 1980s, per se; since then, the rule of reason b. 1890 to 1914, per se; 1914 to the early 1980s, the rule of reason; since then, per se c. 1890 to 1914, the rule of reason; 1914 to the early 1980s, per se; since then, no antitrust policy d. 1890 to 1914, the rule of reason; 1914 to the early 1980s, per se; since then, a period of rate of return regulation e. 1890 to 1914, the rule of reason; 1914 to the early 1980s, per se; since then, a period of nationalization

Economics