Regulatory "Capture" Refers to Instances in Which

question 12

Multiple Choice

Regulatory "capture" refers to instances in which:

• A) politicians regulate the economy in reaction to market failures.
• B) politicians do not consider or serve the public interest when setting up regulations.
• C) bureaucratic agencies are controlled by the industries they directly affect.
• D) politicians increase regulations on exports so domestic products can flourish.
• E) regulations are inevitable as capitalist economies grow.

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Definitions:

Delayed Partial Reinforcement

A reinforcement strategy in which not every response made by the subject is reinforced, and the reinforcement is not immediately administered.

Self-Regulation

The use of learning principles to regulate one’s own behaviour.

Self-Observation Data

Information gathered through personal monitoring of one's actions, behaviors, and responses in various situations.

Observation

The act of closely monitoring or scrutinizing behaviors, events, or phenomena to gather data and draw conclusions.