Author Question: When examining the costs of regulation to the U.S. economy, economists can safely ignore the ... (Read 83 times)

KWilfred

  • Hero Member
  • *****
  • Posts: 570
When examining the costs of regulation to the U.S. economy, economists can safely ignore the opportunity costs of regulation because they are relatively insignificant compared with the direct costs of regulation.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Since the U.S. is organized as a market economy, the government sector does not play any role in economic activity.
 a. True
  b. False
  Indicate whether the statement is true or false



katara

  • Sr. Member
  • ****
  • Posts: 305
Answer to Question 1

False

Answer to Question 2

False



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

katara

  • Sr. Member
  • ****
  • Posts: 305

 

Did you know?

According to the National Institute of Environmental Health Sciences, lung disease is the third leading killer in the United States, responsible for one in seven deaths. It is the leading cause of death among infants under the age of one year.

Did you know?

Certain topical medications such as clotrimazole and betamethasone are not approved for use in children younger than 12 years of age. They must be used very cautiously, as directed by a doctor, to treat any child. Children have a much greater response to topical steroid medications.

Did you know?

Thyroid conditions may make getting pregnant impossible.

Did you know?

Throughout history, plants containing cardiac steroids have been used as heart drugs and as poisons (e.g., in arrows used in combat), emetics, and diuretics.

Did you know?

Before a vaccine is licensed in the USA, the Food and Drug Administration (FDA) reviews it for safety and effectiveness. The CDC then reviews all studies again, as well as the American Academy of Pediatrics and the American Academy of Family Physicians. Every lot of vaccine is tested before administration to the public, and the FDA regularly inspects vaccine manufacturers' facilities.

For a complete list of videos, visit our video library