Author Question: When examining the costs of regulation to the U.S. economy, economists can safely ignore the ... (Read 93 times)

KWilfred

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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

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Answer to Question 1

False

Answer to Question 2

False



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katara

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