All of the Following Are Regulatory Commissions Dealing with Industrial

question 4

Multiple Choice

All of the following are regulatory commissions dealing with industrial regulation (as distinct from social regulation) except the

• A) Food and Drug Administration.
• B) Federal Energy Regulatory Commission.
• C) Federal Communications Commission.
• D) 50 state public utility commissions.

---

Definitions:

Net Domestic Product Per Capita

A measure of a country's economic output per person, excluding the costs of depreciation of capital goods. It gives an indication of the average standard of living and economic well-being of the population.

Command-based Economy

An economy where production, investment, prices, and incomes are determined centrally by a government.

Gini Coefficient

A measure of the distribution of wealth within a country.

Reserve Requirement

The minimum amount of cash reserves a commercial bank must hold.