Whenever a regulatory system is set up, individuals or firms being regulated will figure out ways to get around these regulations. This is referred to as the law of:
A) diminishing returns.
B) unintended consequences.
C) diminishing control.
D) demand.
Correct Answer:
Verified
Q50: Initially, policy makers were not concerned about
Q51: To offset the moral hazard problem created
Q52: In the 1970s and 1980s, savings banks
Q53: The FDIC is an example of:
A)the Glass-Steagall
Q54: The Glass-Steagall Act was set up to:
A)regulate
Q56: The government has bailed out homeowners who
Q57: Which of the following is not an
Q58: Which is not a measure instituted to
Q59: Which of the following describes the law
Q60: Moral hazard is a problem that arises
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents