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Economists Generally Prefer Direct Regulation to Incentive-Based Programs Because Explicit

question 151

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Economists generally prefer direct regulation to incentive-based programs because explicit regulation tends to be more efficient.


Definitions:

Cerebellum

In vertebrates, a brain segment positioned at the skull's back, in charge of orchestrating and controlling movements of muscles.

Emotion Regulation

The process by which individuals influence their emotions, when they have them, and how they experience and express them.

Limbic System

A complex system of nerves and networks in the brain, involved in instinct and mood. It controls the basic emotions (fear, pleasure, anger) and drives (hunger, sex, dominance, care of offspring).

Cerebellum

A region of the brain important in motor control and coordination.

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