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Tai is interested in how alcohol consumption affects driving ability. He gives college students two, four, or six beers and then measures how many obstacles the students "hit" when they are in a driving simulator. The dependent variable is
Government Guarantees
Assurances provided by the government to back loans, investments, or other financial transactions.
Regulatory Capture
A form of government failure that occurs when a regulatory agency tasked with acting in the public's interest instead acts in favor of the commercial or special interests of the industry or sector it is charged with regulating.
Global Competitiveness
The ability of a country or company to compete effectively and successfully in international markets.
Consumer Safety
Measures and regulations aimed at preventing harm to consumers and ensuring that the products they use are free from dangerous defects.
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