Answers2026-2027 Riggin -- American Government 2nd Nine Weeks 1st Semester BLDGRegulatory Policy

Regulatory Policy Answers

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1
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only when necessaryon a regular basisas often as possible

A
only when necessary
B
on a regular basis
C
as often as possible
2
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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
3

What are the purposes of financial regulations? Choose three answers.

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
4

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.
5

Which president initially proposed the development of the EPA?EPA- United States Environmental Protection Agency

A
President Reagan
B
President Nixon
C
President Clinton
D
President Ford
6

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
7

How are government regulations established?

C
Citizens agree on new regulations through annual elections.
S
Specialized executive agencies respond to a new policy by creating regulations.
B
Business owners agree to create regulations to better compete with one another.
T
The courts establish regulations in response to unfair business practices.
8

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.
9

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
10

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
11

Who does the SEC oversee?SEC- U.S. Securities and Exchange Commission

A
brokers
B
consumers
C
managers
D
workers
12

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

A
Both operate independently.
B
Both are overseen by the Bureau of Labor.
C
Both create and enforce regulations.
D
Both focus on protecting employee finances.
13

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

A
FDA- Food and Drug Administration
B
SEC- U.S. Securities and Exchange Commission
C
CFPB- Consumer Financial Protection Bureau
D
FCC- Federal Communications Commission
14

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
15

What are the purposes of financial regulations? Choose three answers.

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
16

Which of these regulations falls under the jurisdiction of the Environmental Protection Agency?

A
prescription safety
B
automobile emissions
C
credit card interest rates
D
power tools used in factories

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