The benefits of social regulation usually are
A) small.
B) obvious to people while the costs are hidden.
C) less than the costs of social regulation, reducing overall welfare.
D) difficult to measure.
D
Economics
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2.3 Discretionary Policy
What will be an ideal response?
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Many observers believe that the largely unregulated nature of global banking activity leaves the world financial system vulnerable to bank failure on a massive scale. Is this a real threat? If so, what measures have governments taken to reduce it?
What will be an ideal response?
Economics