Most economists agree that exclusive reliance on direct controls
A)is a sound approach.
B)has worked well for us in the past.
C)is cheaper than any other enforcement mechanism.
D)is a mistake.

Question

Quizplus · Accepted Answer

Direct controls can be burdensome and costly to implement and enforce. There are often unintended consequences and market inefficiencies associated with such controls. Economists generally recommend using other enforcement mechanisms such as taxes or market-based regulations. Therefore, exclusive reliance on direct controls is seen as a mistake.

Most Economists Agree That Exclusive Reliance on Direct Controls