The Public Interest Theory of Regulation Holds That Regulators Will

question 101

Multiple Choice

The public interest theory of regulation holds that regulators will

• A)make regulatory decisions that benefit them at the expense of the special interests they are regulating.
• B)be slow to adopt sound economic principles to guide their regulatory decision-making.
• C)do through regulation what is in the public's best interest.
• D)say they are doing what is right for the public, but in reality they are doing what is right for themselves.
• E)often take vacations at taxpayer's expense.

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Definitions:

Chiral Carbon

A carbon atom attached to four different groups or atoms, allowing for optical activity in compounds.

Configurational Label

A notation used in chemistry to describe the spatial arrangement of atoms within a molecule and how it relates to molecule's geometric isomerism.

(2R,3R)-2,3-dibromo-3-chloropentane

A chiral compound featuring a five-carbon chain with bromine atoms attached to the second and third carbons, as well as a chlorine atom on the third carbon, with a specific three-dimensional arrangement.

Asymmetric Carbon

A carbon atom bonded to four different atoms or groups, resulting in a chiral center that can have two different spatial arrangements (enantiomers).