Answers 26-27 Ignite Economics-KY-Economics Competition and Free EnterpriseQuestion 7

7

QuizMultiple Choice

Competition and Free Enterprise

Question 7 of 10 • 26-27 Ignite Economics-KY-Economics

What is regulation in an economic system?

Answer

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Regulation is the placing of limits or restrictions on business activity by the government.

R

Regulation is the placing of limits or restrictions on business activity by producers.

R

Regulation is the removal of limits or restrictions on business activity by the government.

R

Regulation is the removal of limits or restrictions on business activity by producers.

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