Regulatory Policy

25 July 2022
4.7 (114 reviews)
10 test answers

Unlock all answers in this set

Unlock answers (6)
question
Regulatory policy requires a balance between protecting safety and
answer
protecting constitutional rights.
question
Government regulation is intended to
answer
discourage producers from taking harmful actions.
question
A mixed-market economy is best defined as an economy
answer
with some government intervention.
question
Which regulatory agencies provide general oversight for the banking industry?
answer
the Fed and the FDIC
question
The Food and Drug Administration sets standards for
answer
product labeling.
question
To protect consumers, the SEC requires brokers and dealers to ________ information about securities.
answer
reveal
question
A regulatory agency that makes sure banks follow federal laws is
answer
the FDIC.
question
Which is a function of regulatory agencies?
answer
encouraging business compliance
question
Which statement explains how regulations on prices affect business practices?
answer
Regulations keep prices fair and prevent businesses from establishing monopolies.
question
Which are duties of OSHA? Check all that apply.
answer
- investigating worker complaints - inspecting businesses