Author Question: Government regulation of business in the U.S. has grown in response to the realization that A) a ... (Read 50 times)

lak · **on:** Sep 3, 2018

Government regulation of business in the U.S. has grown in response to the realization that

A) a laissez-faire approach does not always result in competitive markets.
B) business cannot be trusted to seek profits.
C) members of the public deserve a say in everything that affects them.
D) American competitiveness requires a government role in business.
E) government study of business practices will increase government efficiency.

Question 2

Compared to other Western democracies, the United States

A) has one of the largest governments among Western democracies.
B) has one of the smallest governments among Western democracies.
C) ranks about average in size among Western democracies.
D) ranked as one of the smallest governments until 2008, then grew to one of the largest within two years.
E) has one of the largest public sectors, but one of the smallest private sectors.