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Government Regulation of Business Is

Question 47

Multiple Choice

Government regulation of business is


A) subject to criticism because of the alleged inefficiency of regulated industries.
B) a universally acceptable and noncontroversial subject in our economy.
C) widespread in our economy, involving industries that produce over 25 percent of our national income.
D) completely unnecessary in our highly competitive economic system.
E) the same thing as government ownership of business.

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