Regarding the Costs of Regulation, Which Is a FALSE Statement

question 131

Multiple Choice

Regarding the costs of regulation, which is a FALSE statement?

• A) Airline safety standards have increased the price of air travel.
• B) Automobile safety standards raise the price of cars.
• C) Regulatory spending by federal agencies has decreased since 1970.
• D) Pharmaceutical manufacturing safety standards raise the price of drugs.

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Definitions:

Cognitive Behavioral Therapy

A form of psychotherapy that aims to change patterns of thinking or behavior that are behind people's difficulties.

Solution-Oriented

An approach focused on finding effective and practical solutions to problems rather than dwelling on their causes.

Second Wave

Refers to the second significant phase or period of development, movement, or activity, often implying a resurgence or intensification of elements from an initial wave.

Nuclear Family

A family unit consisting of two parents and their children, living together as a single household.