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.

---

Definitions:

Securely Attached

Describes children or individuals who have developed strong and healthy emotional bonds with their caregivers, characterized by trust and a sense of safety.

Conventional

Pertaining to behaviors, beliefs, or norms that are widely accepted and followed by a society at a given point in time, often contrasted with "unconventional" or "alternative".

Severe Drought

an extended period of exceptionally low rainfall, leading to a shortage of water that affects ecosystems, agriculture, water supply, and human populations.

Terry-cloth "Mothers"

Refers to an experiment in which infant monkeys showed preference for maternal figures made of soft cloth over those made of wire, highlighting the importance of comfort and tactile stimulation.