Why Is the Regulatory State Likely to Expand in the Future

question 77

Multiple Choice

Why is the regulatory state likely to expand in the future?

• A) New problems, created as a matter of course in a dynamic market economy, are always appearing, and many bring public demands for government intervention.
• B) The Democrats control the United States Congress.
• C) The few regulatory policies supported by the public are likely to expand.
• D) Regulation makes American businesses more efficient and competitive in the world market.
• E) With large regulatory systems already in place, it is easy for the government to add more regulations in the case of a national emergency.

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Definitions:

Trade Discount

A reduction from the list price granted by a seller to a buyer based on the volume or quantity purchased or to stimulate sales.

Discount Series

A sequence of discounts applied one after the other, often used to determine the final price after multiple discounts are applied.

Trade Discount

A reduction in the price of goods or services offered by a seller to a buyer in the business-to-business market.

Discount Series

A sequence of discounts applied one after the other to reduce a product's price or to calculate the present value of a stream of future payments.