RMS Stands for _______________________

question 20

Short Answer

RMS stands for _______________________.

Analyze the consequences of government policies that socialize losses and privatize gains.

Explore the special-interest effect and its impact on economic policy and society.

Recognize the unintended consequences of government regulations and their effects on the economy.

Identify the role of government in enforcing laws and contracts and its impact on economic risk and efficiency.

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Definitions:

Teammates

Individuals who are members of the same team, working together to achieve common goals.

Release

To allow or enable escape from confinement; in legal terms, it can involve the relinquishing of a right or claim.

Hang-gliding

An air sport where a pilot flies a light and non-motorized foot-launchable aircraft called a hang glider.

Responsible

Having an obligation to do something, or having control over or care for someone, as part of one's job or role.