The Public Choice Theory of Regulation Indicates That a Regulatory

question 83

Multiple Choice

The public choice theory of regulation indicates that a regulatory agency:

• A) encourages other regulatory agencies to deregulate their industries.
• B) seeks to find market solutions that are economically efficient.
• C) extends its regulatory powers over industries it was not intended to regulate.
• D) promotes the interests of government employees over those of the public.

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Definitions:

Modeling

The process of observing and imitating a specific behavior exhibited by others.

Parasuicide

A term used to describe a suicide attempt or self-harming behavior that does not result in death, often seen as a cry for help or a way to cope with distressing feelings.

Schizophrenia

A psychotic disorder in which personal, social, and occupational functioning deteriorate as a result of strange perceptions, disturbed thought processes, unusual emotions, and motor abnormalities.

Voices

A common term for auditory hallucinations, particularly in the context of some psychiatric disorders, where individuals hear sounds or voices without external stimuli.