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.

Understand the concepts of social mobility and socioeconomic status.

Analyze the impact of social inequalities on various societal aspects, including economic resources, occupational prestige, and education.

Explore the critique of social stratification theories and the concept of meritocracy.

Examine the role of social policies and attitudes in perpetuating or challenging social inequalities.