Why Should Government Not Play the Role of Guardian of Business

question 16

Multiple Choice

Why should government not play the role of guardian of business?

• A)Promotes a political agenda, creates an uneven playing field, benefits only a few, creates dependency, contrary to free and open markets, undermines public confidence in politicians
• B)Promotes a political agenda, creates an even playing field, benefits only a few, creates dependency, contrary to free and open markets, undermines public confidence in politicians
• C)Promotes a political agenda, creates an even playing field, benefits the many, creates dependency, contrary to free and open markets, undermines public confidence in politicians
• D)Promotes a political agenda, creates an uneven playing field, benefits only a few, creates interdependency, contrary to free and open markets, undermines public confidence in business

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Definitions:

SSE

Sum of Squared Errors, a measure used in statistics to quantify the discrepancy between the data and an estimation model.

MSR

Mean Square Regression, indicating the average of squared differences between the observed and predicted values in regression analysis.

Observations

Data collected or measured during a study, experiment, or survey.

Coefficient Of Determination

A statistical measure that determines the proportion of variance in the dependent variable predictable from the independent variable(s).