Examlex
Which is a unit of power?
Securities And Exchange Commission
A federal agency responsible for regulating the securities industry, enforcing federal securities laws, and protecting investors in the United States.
Socialize Losses
The process where financial losses are distributed broadly across society or a large group, rather than being borne solely by the entity responsible for incurring them.
Imprudent Investment
Financial allocations or commitments made without proper judgment or care, often leading to significant losses or suboptimal financial performance.
Public Choice Theory
An economic theory that studies how public sector decisions are made, considering individuals in the public sector as self-interested agents and applying the tools of economics to political science.
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