When Regulations Interfere with Exchange and Limit Entry into Various

question 39

Multiple Choice

When regulations interfere with exchange and limit entry into various businesses and occupations, they will

• A) help a country achieve more rapid economic growth.
• B) promote more efficient use of investment capital by entrepreneurs.
• C) retard economic progress.
• D) increase the profits of business firms.

---

Definitions:

Competitive Disadvantage

A condition or circumstance that puts a company in an unfavorable position relative to competitors.

Workforce

The collective body of individuals employed by a particular organization or working in a particular sector.

Mismatch

A discrepancy or lack of alignment between two or more elements, such as skills and job requirements or expectations and reality.

Pay Gap

The disparity in the amount of remuneration between different groups, notably seen in the difference between wages paid to men and women or employees of different ethnicities.