The Idea That Government Regulations Often End Up by Serving

question 124

Multiple Choice

The idea that government regulations often end up by serving the regulated firms is called:

• A) public choice theory.
• B) public interest theory.
• C) the capture theory of regulation.
• D) the rational ignorance theory of regulation.

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Definitions:

Messenger RNA

A type of RNA that carries genetic information from DNA to the ribosome, where it directs protein synthesis.

Amino Acids

Organic molecules that unite to create proteins, acting as the foundational elements of life.

Nucleotides

The basic building blocks of nucleic acids, like DNA and RNA, consisting of a sugar, a phosphate group, and a nitrogenous base.

Codon

Sequence of three nucleotides in mRNA or DNA that codes for a specific amino acid in a protein.