Which of the Following Is Not a Major Reason Given

question 26

Multiple Choice

Which of the following is not a major reason given for governmental regulation?

• A) controlling natural monopolies
• B) controlling negative externalities
• C) achieving social goals
• D) maintaining a trade surplus with foreign countries

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Definitions:

Self-Control Problems

Self-control problems refer to the difficulty individuals face in resisting short-term temptations in order to achieve long-term goals.

Availability Heuristic

A mental shortcut that relies on immediate examples that come to a given person's mind when evaluating a specific topic, concept, method or decision.

Self-Control Problem

The difficulty individuals face in resisting short-term temptations to meet long-term goals.