Regulatory Policy

6 March 2023
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14 test answers

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question
A mixed-market economy is best defined as an economy
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with some government intervention.
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Which regulatory agencies provide general oversight for the banking industry?
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the Fed and the FDIC
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Regulatory agencies such as the OCC and the FDIC add [______________] to the banking system.
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-safety
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A regulatory agency that protects workers is
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OSHA.
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A goal of financial regulatory agencies is to
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prevent monopolies.
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To protect consumers, the SEC requires brokers and dealers to [______________]
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-reveal
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Which are duties of OSHA? Check all that apply.
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-investigating worker complaints -inspecting businesses
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The most efficient way to ensure that producers are responsible for products is through
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labeling.
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Regulatory policy requires a balance between protecting safety and
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protecting constitutional rights.
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Which is a function of regulatory agencies?
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encouraging business compliance
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Government regulation is intended to
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discourage producers from taking harmful actions.
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Which statement explains how regulations on prices affect business practices?
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Regulations keep prices fair and prevent businesses from establishing monopolies.
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A regulatory agency that makes sure banks follow federal laws is
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the FDIC.
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A purpose of government regulation in a mixed-market economy is to protect
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property rights.