A Federal Organization Responsible for Creating and Implementing Rules That

question 65

Multiple Choice

A federal organization responsible for creating and implementing rules that regulate private activity and protect the public interest in a particular sector of the economy is known as a(n)

• A) executive department.
• B) government corporation.
• C) stockholder-owned, government-sponsored enterprise.
• D) national board of review.
• E) independent regulatory agency.

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Definitions:

Financial Remuneration

Payment for work or services, including salaries, wages, bonuses, or other forms of compensation.

Exchange

The trade of things of value between buyer and seller so that each is better off after the trade.

MBA

Master of Business Administration, a graduate degree that focuses on business administration and investment management.

Marketing Exchange

The process by which two or more parties trade goods, services, or ideas in a way that benefits both sides, often involving monetary transactions.