Overall,economists Believe That Deregulation of Industries Formerly Subjected to Industrial

question 71

Multiple Choice

Overall,economists believe that deregulation of industries formerly subjected to industrial regulation:

• A) has been a clear failure.
• B) is neutral in its impact to society's well-being,creating minimal net benefits at best.
• C) has produced large net benefits for consumers and society.
• D) has produced sizable efficiency gains in the communications industry,but not in the transportation industry (railways,trucking,airlines).

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Definitions:

Attitudes

Psychological tendencies expressed by evaluating a particular entity with some degree of favor or disfavor.

Beliefs

Convictions or acceptances that something exists or is true, especially without proof, forming the basis of faiths or customs.

Likert Scales

A psychometric scale commonly used in questionnaires to measure attitudes, typically consisting of a series of statements that respondents may agree or disagree with.

Strongly Agree

An expression used to indicate complete alignment or concurrence with a statement or viewpoint.