Regulatory Policy Answers

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1
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What are the main purposes of regulatory policies? Check all that apply.to protect constitutional rights, safety, and fairnessto give producers an advantage over consumers in order to protect profitsto ensure that property rights are protectedto create regulation in a mixed-market economy only when neededto allow producers and consumers to interact freely with no government interference

A
to protect constitutional rights, safety, and fairness
B
to give producers an advantage over consumers in order to protect profits
C
to ensure that property rights are protected
D
to create regulation in a mixed-market economy only when needed
E
to allow producers and consumers to interact freely with no government interference
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Which of these outcomes are possible negative externalities? Check all that apply.

A
increased traffic in the neighborhood surrounding the factory
B
better roads for drivers in the area
C
more educated workers in the community
D
pollution from trucks making deliveries to the factory
E
new job opportunities in the city

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Regulatory Policy Answers — HSA 26-27 Economics