According to economists, when the Food and Drug Administration raises the approval requirements for new drugs:

Question

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When the FDA raises the approval requirements for new drugs, it becomes more difficult for drug companies to get their products approved. As a result, some potentially beneficial drugs may never reach the market, causing society to potentially lose out on new treatments. However, the increased scrutiny may result in safer and more effective drugs being approved in the long run.

According to Economists, When the Food and Drug Administration Raises