Federal agencies that are responsible for implementing rules and regulations with respect to individual or corporate conduct related to some aspect of the economy are called ____________________.

Question

Quizplus · Accepted Answer

Regulatory agencies are specifically responsible for overseeing and enforcing rules related to economic activities, ensuring compliance with statutes passed by Congress. Examples of regulatory agencies include the Environmental Protection Agency, the Federal Trade Commission, and the Federal Communications Commission. Independent agencies are not always focused on economic regulations, while congressional agencies and executive branch subdivisions are not responsible for implementing and enforcing regulations. Interstate agencies are focused on regulating activities that cross state boundaries, but may not have an exclusive focus on economic regulations.

Federal Agencies That Are Responsible for Implementing Rules and Regulations