The general conclusion of most economists about deregulation of previously regulated industries in the United States is that it resulted in
A)increased monopoly power.
B)lower rates of innovation.
C)increased bureaucratic control.
D)decreased prices of goods and services.

Question

Quizplus · Accepted Answer

Deregulation typically leads to increased competition, which can drive down prices for consumers. This is because removing regulatory barriers often allows more companies to enter the market, increasing competition and leading to lower prices for goods and services.

The General Conclusion of Most Economists About Deregulation of Previously