Deregulation Can Solve the Problem of Regulatory Capture and Increase

question 111

Multiple Choice

Deregulation can solve the problem of regulatory capture and increase economic efficiency

• A)if the deregulated industry quickly evolves into a monopoly.
• B)if the deregulated industry becomes more competitive.
• C)when the regulations covering the industry are tightened.
• D)when the industry ends up generating substantial external costs.

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Definitions:

Dura Mater

The outermost, tough layer of the meninges that envelops the brain and spinal cord, providing protection.

Meninx

Meninx (plural, meninges) refers to one of the three membranes (the dura mater, arachnoid mater, and pia mater) that cover the brain and spinal cord.

Periosteum

The periosteum is a dense layer of vascular connective tissue enveloping the bones except at the surfaces of the joints, serving as a site for attachment for muscles and bones.

Nervous System

A complex network of nerves and cells that carry messages to and from the brain and spinal cord to various parts of the body.