Which of the Following Is FALSE with Respect to Regulation

question 211

Multiple Choice

Which of the following is FALSE with respect to regulation?

• A) Regulated firms commonly try to avoid the effects of regulation whenever they can.
• B) Firms engage in creative responses which conform to the letter of the law but undermine its spirit.
• C) Regulation has resulted in state laws that have made creative response illegal in many states.
• D) Recent regulations have generated feedback effects that undermined the key aim of the rules.

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Definitions:

Lateral Geniculate Nucleus

A significant relay center in the thalamus for the visual pathway, receiving major inputs from the retina and sending outputs to the visual cortex.

Olfaction

The sense of smell, which is the detection and identification of chemicals in the air by the olfactory system.

Vision

The ability to interpret the surrounding environment by processing information contained in visible light.

Thalamus

A brain structure that acts as a relay station, processing and transmitting sensory information to various areas of the brain.