A difference between economic regulation and social regulation is that
A) the former tends to affect the prices at which products are sold and the latter does not.
B) the former tends to affect the profits of firms and the latter does not.
C) the former tends to be specific to an industry and the latter tends to affect firms in all industries.
D) the former tends to be done at the state level and the latter at the federal level.
C
Economics
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In the distribution of corporate profits, which of the following groups has first preference?
a. common stockholders b. preferred stockholders c. board of directors d. bond holders e. convertible stock holders
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A measure of overall prices at a particular point in time is called:
A. a real price. B. inflation. C. the price level. D. a relative price.
Economics