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Q: Which of the following would be considered an accurate statement regarding regulation in government? A. Regulation is usually a bad function of government; in fact, many economists blame years of
bank regulation as a cause of the 2008 recession. B. Government regulation, although in many cases an important political function, is at times criticized for causing government failure. C. Government deregulation often reduces competition within the marketplace. D. Deregulation of the drug industry led to a decrease in the amount of new drugs introduced each year.
A: A. Regulation is usually a bad function of government; in fact, many economists blame years of bank regulation as a cause of the 2008 recession.
mjane25|Points 746|
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Asked 1/18/2012 4:23:58 PM
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