This topic contains a solution. Click here to go to the answer

Author Question: Which of the statements best describes the difference between economic regulation and social ... (Read 95 times)

Lisaclaire

  • Hero Member
  • *****
  • Posts: 569
Which of the statements best describes the difference between economic regulation and social regulation?
 
  A) There are no significant differences between economic and social regulation, social regulation is a more modern way of regulating an economy.
  B) Economic regulation focuses on output and price; social regulation focuses on improving the quality of life.
  C) Social regulation focuses on output and price; economic regulation focuses on quality of life issues.
  D) Social regulation targets industries like transportation, while economic regulation targets utilities.

Question 2

Normative economic analysis involves
 
  A) true statements of facts only.
  B) testable hypotheses by scientists.
  C) value judgments and opinions.
  D) purely descriptive statements.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

cascooper22

  • Sr. Member
  • ****
  • Posts: 312
Answer to Question 1

B

Answer to Question 2

C




Lisaclaire

  • Member
  • Posts: 569
Reply 2 on: Jun 29, 2018
Gracias!


bulacsom

  • Member
  • Posts: 329
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

Tobacco depletes the body of vitamins A, C, and E, which can result in any of the following: dry hair, dry skin, dry eyes, poor growth, night blindness, abscesses, insomnia, fatigue, reproductive system problems, sinusitis, pneumonia, frequent respiratory problems, skin disorders, weight loss, rickets, osteomalacia, nervousness, muscle spasms, leg cramps, extremity numbness, bone malformations, decayed teeth, difficulty in walking, irritability, restlessness, profuse sweating, increased uric acid (gout), joint damage, damaged red blood cells, destruction of nerves, infertility, miscarriage, and many types of cancer.

Did you know?

Disorders that may affect pharmacodynamics include genetic mutations, malnutrition, thyrotoxicosis, myasthenia gravis, Parkinson's disease, and certain forms of insulin-resistant diabetes mellitus.

Did you know?

There used to be a metric calendar, as well as metric clocks. The metric calendar, or "French Republican Calendar" divided the year into 12 months, but each month was divided into three 10-day weeks. Each day had 10 decimal hours. Each hour had 100 decimal minutes. Due to lack of popularity, the metric clocks and calendars were ended in 1795, three years after they had been first marketed.

Did you know?

Despite claims by manufacturers, the supplement known as Ginkgo biloba was shown in a study of more than 3,000 participants to be ineffective in reducing development of dementia and Alzheimer’s disease in older people.

For a complete list of videos, visit our video library