Regulatory Policy Answers

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1
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Which of these regulations is established at the federal level?

A
the hours a business can stay open
B
the types of goods a market can sell
C
the pay for minimum-wage employees
D
the requirements employees must meet
2
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Lillian was hurt at work when a slippery, wet floor wasn’t appropriately marked. Which regulatory agency should she turn to for help?

A
EPA- United States Environmental Protection Agency
B
FDA- Food and Drug Administration
C
SEC- U.S. Securities and Exchange Commission
D
OSHA- Occupational Safety and Health Administration
3

What happens if regulatory policies for a business are violated?

N
New business rules are created.
S
Safety classes are mandated.
A
Additional inspections are required.
F
Fines and sanctions are applied.
5

private businessfinancial institutionregulatory agency

A
private business
B
financial institution
C
regulatory agency
6

What are the roles of the FCC in the US?FCC- Federal Communications CommissionChoose three answers.regulating the country’s communications infrastructureensuring communication technology is compatible with existing technology establishing safety standards for pesticides and other chemicalsassigning frequencies to television, radio, cable, and satellite providersbringing civil suits against individuals or businesses for breaking security lawsinvestigating complaints, inspecting workplaces, and imposing penalties

A
regulating the country’s communications infrastructure
B
ensuring communication technology is compatible with existing technology
C
establishing safety standards for pesticides and other chemicals
D
assigning frequencies to television, radio, cable, and satellite providers
E
bringing civil suits against individuals or businesses for breaking security laws
F
investigating complaints, inspecting workplaces, and imposing penalties
7

Which of these laws was created in order to directly protect consumers?

p
pollution laws
p
product safety laws
w
wage laws
e
equal opportunity laws
9

Which agency is under the authority of the Department of Labor?

A
SEC- U.S. Securities and Exchange Commission
B
OSHA- Occupational Safety and Health Administration
C
EPA- United States Environmental Protection Agency
D
FDA- Food and Drug Administration
10

What are the purposes of financial regulations? Choose three answers.to make business competitiveto enforce government interventionto limit and prevent monopoliesto allow businesses to collaborateto ensure only one business can operateto place regulations on prices

A
to make business competitive
B
to enforce government intervention
C
to limit and prevent monopolies
D
to allow businesses to collaborate
E
to ensure only one business can operate
F
to place regulations on prices

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