Deregulation
A)is the implementing or phasing in of new regulations.
B)is the removing or phasing out of some existing regulations.
C)is any regulation which pertains to accounting debits.
D)was a trend in the financial system prior to the 1970s, but the trend of the 1970s and 1980s was toward greater regulation.

Question

Quizplus · Accepted Answer

Deregulation refers to the removal or phasing out of existing regulations. It is not the implementation of new regulations (A) or regulations solely pertaining to accounting debits (C). While there were some calls for deregulation prior to the 1970s, the trend of the 1970s and 1980s was indeed toward greater deregulation, making option D incorrect.