17
QuizMultiple Choice

Regulatory Policy

Question 17 • * HSA 26-27 Economics

Which is a function of regulatory agencies?

Answer
e
encouraging business compliance
c
creating legislation for businesses
e
encouraging negative externalities
c
creating new business opportunities

Explanation

Regulatory agencies oversee industries and enforce rules designed to protect the public and ensure businesses follow the law. Encouraging business compliance is therefore a function of these agencies. They do not create legislation; that is primarily the role of lawmakers.

AI-written and checked against the verified answer.

Previous
Next