Which statement accurately reflects how regulatory policy is typically used with regard to the economy?

A. Regulations are typically enacted to protect society from unsafe business practices or negative externalities as opposed to addressing economic growth.
B. Regulations are typically applied to the service sector as opposed to manufacturing.
C. Regulations are used to control the money supply and discount rate.
D. Regulations are applied to address unique situations that might apply to a discrete issue or single business.

A. Regulations are typically enacted to protect society from unsafe business practices or negative externalities as opposed to addressing economic growth.

Political Science

You might also like to view...

Party machines—centralized party organizations at the local level that dominated politics by controlling local elections—declined because

a. they could not provide needed services to the urban community. b. many of their activities were illegal. c. they were never effective at controlling local elections. d. they became increasingly corrupt and unable to deliver on promises e. government began to provide the social services that had been the basis of popular loyalty and support for the machines.

Political Science

The number of elected officials in the House of Representatives for each state is based on which of the following?

a. taxation b. population c. veterans d. voter participation e. registered voters

Political Science