Regulation that is based upon the cost of providing the good or service is known as
A) rate-of-return regulation.
B) cost-of-service regulation.
C) social regulation.
D) deregulation.
B
Economics
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An income tax system where higher tax rates are applied to increased amounts of income is called a:
A) regressive tax system. B) proportional tax system. C) progressive tax system. D) flat tax system.
Economics
Which of the following observations concerning money market mutual funds is not true? a. They are interest-earning accounts provided by brokers
b. They are considered to be near money. c. Depositors are allowed to write checks against their accounts. d. These funds are invested in long-term securities.
Economics