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Author Question: Regulatory capture is where A) governments take over monopolies through use of regulation. B) ... (Read 34 times)

storky111

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Regulatory capture is where
 
  A) governments take over monopolies through use of regulation.
  B) firms impose barriers to entry on regulators.
  C) regulators of an industry look out for the industry instead of society.
  D) the government taxes the profits of monopolies such that all producer surplus goes to the government.

Question 2

According to the benefit principle, the Social Security payroll tax is _____. According the ability-to-pay principle, the Social Security payroll tax is _____.
 
  a. equitable; equitable
  b. equitable; inequitable
  c. inequitable; equitable
   d. inequitable; inequitable



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Sassygurl126

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Answer to Question 1

C

Answer to Question 2

b




storky111

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Reply 2 on: Jul 1, 2018
Thanks for the timely response, appreciate it


rachel

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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