According to the Special Interest Theory

question 27

Multiple Choice

According to the special interest theory,

• A)economic regulation is designed to promote social welfare
• B)producers may be able to influence regulators to impose restrictions favorable to producers
• C)groups of consumers with special interests may be able to control a regulatory agency to their own benefit
• D)foreign lobbyists may be able to control a regulatory agency to their own benefit
• E)the fighting between special interest groups over economic regulation may cancel out effects of such regulation

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