The theory that regulation seeks an efficient use of resources is the

A) social interest theory.
B) producer surplus theory.
C) consumer surplus theory.
D) capture theory.
E) deadweight loss theory.

A

Economics

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One of the first organizations to investigate the business cycle was

A) the Federal Reserve System. B) the National Bureau of Economic Research. C) the Council of Economic Advisors. D) the Brookings Institution.

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All of the following are tools of fiscal policy except one. Which is the exception?

a. Taxes b. Transfer payments c. Interest rates d. Government purchases of goods e. Government purchases of services

Economics