Suppose the government decides to eliminate some, but not all, of the rules that govern how investment banks conduct their business. This would be an example of

A. central planning.
B. economic competition.
C. deregulation.
D. a laissez-faire policy.

Answer: C

Economics

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Which of the currencies below does not serve a role as an international reserve currency?

A) European euro B) Japanese yen C) U.S. dollar D) Mexican peso

Economics

Which of the following occurs when a market is in equilibrium?

A) Quantity supplied is equal to quantity demanded. B) Supply is equal to demand. C) The price of the good will tend to rise, all else held constant. D) The price of the good will tend to fall, all else held constant.

Economics