Regulatory Policy Answers

10 verified answers
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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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
3

What do OSHA and the SEC have in common?OSHA- Occupational Safety and Health AdministrationSEC- U.S. Securities and Exchange Commission

B
Both operate independently.
B
Both are overseen by the Bureau of Labor.
B
Both create and enforce regulations.
B
Both focus on protecting employee finances.
4

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

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 regulations falls under the jurisdiction of the Environmental Protection Agency?

p
prescription safety
a
automobile emissions
c
credit card interest rates
p
power tools used in factories
9

Leah wants to get a home loan from her bank. Which agency would regulate that loan to ensure it is fair?

F
FDA- Food and Drug Administration
S
SEC- U.S. Securities and Exchange Commission
C
CFPB- Consumer Financial Protection Bureau
F
FCC- Federal Communications Commission
10

RegulationMonopolyRevenue

A
Regulation
B
Monopoly
C
Revenue

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