Based on Exhibit 1.7,which of the following is NOT a way in which U.S.law promotes consumer welfare?
A) Collect taxes and spend money
B) Promote sale of safe products and services
C) Facilitate innovative products and services
D) Prevent deceptive practices

Question

Quizplus · Accepted Answer

Collect taxes and spend money is not directly related to promoting consumer welfare. While government spending can benefit consumers indirectly, such as by funding public goods like education or infrastructure, it is not a direct way in which U.S. law promotes consumer welfare. The other options (B, C, and D) are all examples of ways in which U.S. law directly promotes consumer welfare.