A Criticism of Social Regulation Is That It

question 197

Multiple Choice

A criticism of social regulation is that it

• A)contributes to the growth of natural monopoly.
• B)increases the rate of innovation in the economy.
• C)decreases the influence of the Federal government on business.
• D)results in many unintended and costly side effects.

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Definitions:

Esterifies

The process by which an ester is formed, usually from the reaction between an acid and an alcohol with the elimination of water.

Hydrolyzes

Refers to the chemical process where water is used to break down a compound, often a polymer, into smaller units.

Organic Product

A compound produced through an organic reaction, typically consisting of carbon atoms in combination with hydrogen, oxygen, nitrogen, or other elements.

Ketone

Organic compounds featuring a carbonyl group (C=O) bonded to two carbon atoms, used in solvents and in the manufacture of various chemicals.