Deregulation

question 47

Multiple Choice

Deregulation

• A)tends to improve outcomes in industries generating substantial negative externalities.
• B)eliminates regulatory capture and can improve outcomes by increasing competition.
• C)is most appropriate to undertake by government agencies responsible for human safety, financial regulation, and environmental protection.
• D)always generates greater economic efficiency.

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Definitions:

Divergent Thinking

A thought process or method used to generate creative ideas by exploring many possible solutions, often in a spontaneous, free-flowing manner.

Terman's Study

A longitudinal study conducted by Lewis Terman that began in 1921, tracking the development and characteristics of gifted children into adulthood.

IQ

Short for Intelligence Quotient, a score derived from standardized tests designed to assess human intelligence.

Concept

An abstract idea or a mental symbol typically associated with a fundamental characteristic of something.