Examlex
Which of the following statements describes the first law of thermodynamics?
No Free Lunch
An expression indicating that everything has a cost, and nothing is truly given away without an expectation of something in return.
Less Government
A philosophy or approach that advocates for minimal governmental intervention in economic affairs.
Social Regulation
Rules imposed by government aimed at restricting behaviors that directly relate to the welfare of individuals in society, such as health, safety, and environmental regulations.
Industrial Regulation
Government rules or laws designed to control business practices, market conditions, and protect consumers within specific industries.
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