The "primary motive" of regulators, according to the share-the-gains, share-the-pains theory, is to
A) maximize their income through accepting monetary payoffs from groups.
B) ensure that every group gets what it wants.
C) ensure that all customers share the benefits of regulation, and not just the wealthiest consumers.
D) keep their jobs.
Answer: D
You might also like to view...
An options contract
A) confers the rights to buy or sell an underlying asset at a predetermined price by a predetermined time. B) is another name for a futures contract. C) may be written for debt instruments, but not equities. D) may be written for equities, but not for debt instruments.
If the market for hula-hoops is characterized by a very inelastic supply curve and a very elastic demand curve, an inward shift in the supply curve would be reflected primarily in the form of
a. higher prices. b. higher output. c. lower prices. d. lower output.