Which of the Following Statements Is Most Correct with Respect

question 189

Multiple Choice

Which of the following statements is most correct with respect to government in its role as regulator?

• A) Business complains that the Competition Bureau is too slow in approving or denying merger plans.
• B) The government really has very little power in its role as regulator.
• C) Because of the move toward deregulation, federal and provincial governments have become less and less involved in regulating business activity.
• D) The main areas of government regulation of business are achieving social goals, protecting consumers, and providing assistance to small business firms.
• E) Studies have shown that government regulation reduces the effectiveness of business firms.

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Definitions:

Canadian Dollars

Canada's legal tender is denoted by the symbols CAD or C$.

U.S. Dollars

The United States' official medium of exchange, frequently employed as a standard in worldwide financial dealings.

Spot Market

An open financial market where commodities or financial instruments are exchanged and delivered right away.

Discount

To calculate the present value of some future amount.