Which of the following is an advantage of deregulation?
A)Deregulation would decrease the inflationary pressures in the economy.
B)Deregulation would encourage corporate social responsibility.
C)Deregulation would reduce compliance costs for business.
D)Deregulation would strengthen American labor unions.

Question

Quizplus · Accepted Answer

Deregulation can reduce compliance costs for businesses, as it removes certain regulations and restrictions that companies have to comply with. This can lead to increased efficiency and cost savings for businesses. However, it can also lead to negative consequences such as reduced safety standards or environmental protections. The other choices are not advantages of deregulation, but rather are unrelated or potentially negative outcomes.

Which of the Following Is an Advantage of Deregulation