The total cost of federal regulation includes
A) the funding of government agencies overseeing compliance, the compliance cost for the regulated firms, and the opportunity cost of regulation for the firms.
B) the funding of government agencies overseeing compliance less the compliance cost for the regulated firms and the opportunity cost of regulation for the firms.
C) only the cost of compliance by the regulated firms.
D) only the funding of the regulatory agencies.
Correct Answer:
Verified
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