Regulatory Policy Answers
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Which regulatory agencies provide general oversight for the banking industry?
A
the Fed and the FDICB
the Fed and OSHAC
the FDIC and the EPAD
the FDIC and the FDA2
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Government regulation is intended to
A
encourage producers to take negative actions.B
discourage producers from taking harmful actions.C
encourage producers to follow the Constitution.D
discourage producers from making a profit.3
Which are duties of OSHA? Check all that apply.
A
investigating worker complaintsB
inspecting imported foodC
inspecting businessesD
labeling productsE
protecting the environment4
Which are results of regulation in a mixed-market economy? Check all that apply.
A
compliance with lawsB
advantages for producersC
control of marketsD
advantages for governmentE
control of externalities5
A regulatory agency that makes sure banks follow federal laws is
A
the FDIC.B
the FDA.C
the SEC.D
the EPA.6
A purpose of government regulation in a mixed-market economy is to protect
A
property rights.B
corporate rights.C
monetary rights.D
states' rights.7
A mixed-market economy is best defined as an economy
A
with some government intervention.B
without government intervention.C
with some externalities.D
without corporate compliance.8
[BLANK]
A
revealB
regulateC
protectD
conceal9
The chart shows a cost-benefit analysis.
A
The EPA legislates and enforces more regulations that reap greater benefits than the other agencies.B
The EPA legislates and enforces food regulations that reap greater benefits than the other agencies.C
The EPA has a larger budget than the other agencies, and its employees work longer hours.D
The EPA is less efficient than the other agencies, and its employees spend more money.10
Which explains why government regulation is necessary in a mixed-market economy?
A
Government regulation protects constitutional rights, safety, and fairness.B
Government regulation protects property rights, safety, and profits.C
Government regulation protects constitutional rights, profits, and fairness.D
Government regulation protects property rights, safety, and business owners.Did you find these answers helpful?
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