Regulatory Policy

25 July 2022
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10 test answers

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question
Regulation/Monopoly/Revenue is defined as the government requiring businesses to perform specific procedures.
answer
Regulation
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What must businesses do in order to meet legal and financial regulations? report their revenue and earnings to the government disclose information about sales with the media report details of advertising revenue to managers disclose product details to the competition
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report their revenue and earnings to the government
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Which of these laws was created in order to directly protect consumers? pollution laws product safety laws wage laws equal opportunity laws
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product safety laws
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In a mixed-market economy, the government regulates business only when necessary/on a regular basis/as often as possible.
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only when necessary
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What are the roles of the FCC in the US? Check all that apply. regulating the country's communications infrastructure ensuring communication technology is compatible with existing technology establishing safety standards for pesticides and other chemicals assigning frequencies to television, radio, cable, and satellite providers bringing civil suits against individuals or businesses for breaking security laws investigating complaints, inspecting workplaces, and imposing penalties
answer
regulating the country's communications infrastructure ensuring communication technology is compatible with existing technology assigning frequencies to television, radio, cable, and satellite providers
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How are government regulations established? Citizens agree on new regulations through annual elections. Specialized executive agencies respond to a new policy by creating regulations. Business owners agree to create regulations to better compete with one another. The courts establish regulations in response to unfair business practices.
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Specialized executive agencies respond to a new policy by creating regulations.
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An economy that balances government intervention with free enterprise is known as a commission. monopoly. mixed market. regulatory agency.
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mixed market.
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Which president initially proposed the development of the EPA? President Reagan President Nixon President Clinton President Ford
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President Nixon
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Which of these regulations falls under the jurisdiction of the Environmental Protection Agency? prescription safety automobile emissions credit card interest rates power tools used in factories
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automobile emissions
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What does the FCC regulate? food and beverage products communications infrastructure environmental policies businesses breaking security laws
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communications infrastructure