Increased Government Regulation Is Said to Have Contributed to the Slowdown

question 51

Multiple Choice

Increased government regulation is said to have contributed to the slowdown in U.S.productivity because such regulation

• A) led to the substitution of research and development for goods and services available to consumers.
• B) reduced the labor force by requiring limited resources to be used for compliance.
• C) generated both litigation and uncertainty, discouraging business investment.
• D) reduced the quality of the work environment, lowering worker morale.
• E) lowered the cost of production, making many goods unprofitable.