What did Congress do in 1995 to reduce overregulation?
A) It cut funding for regulatory agencies like the EPA and Securities and Exchange Commission.
B) It passed the Airlines Deregulation Act,which eliminated government-set airfares and the requirement that airlines provide service to smaller-sized cities.
C) It restricted the president's ability to directly request administrative regulations from agency heads.
D) It cut the budget of the Food and Drug Administration.
E) It enacted legislation that prohibits administrators in some instances from issuing a regulation unless they can show that its benefits outweigh its costs.
Correct Answer:
Verified
Q5: The term externalities refers to
A)regulations imposed on
Q6: Which of the following government agencies regulates
Q7: The _ established minimum wages.
A)Securities and Exchange
Q8: Economic efficiency requires
A)that the free market not
Q9: In The Wealth of Nations (1776),Adam Smith
Q11: What happened after Lehman Brothers went out
Q12: The Progressive Era of government regulation focused
Q13: Which of the following has been a
Q14: Which of the following is correct about
Q15: Advocates of deregulation are primarily concerned with
A)efficiency.
B)equity.
C)externalities.
D)public
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