The Case for Deregulation Rests on the Argument That

question 76

Multiple Choice

The case for deregulation rests on the argument that

• A)Government imperfections are worse than the market imperfections they were designed to cure.
• B)Public goods are best provided by laissez faire.
• C)Economies of scale are better achieved with the invisible hand.
• D)Regulation is desirable and efficient,but a laissez-faire approach is more equitable.

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Definitions:

Extreme Halophiles

Organisms that thrive in highly saline environments, often found in salt lakes and evaporation ponds.

Salt

Compound that releases ions other than H+ and OH– when it dissolves in water.

Environments

The surroundings or conditions in which a person, animal, or plant lives or operates, including natural, built, and social contexts.

Lysogenic Pathway

Bacteriophage replication path in which viral DNA becomes integrated into the host’s chromosome and is passed to the host’s descendants.